Mining.com

By Valentina Ruiz Leotaud Canada’s IDM Mining (TSX-V:IDM), one of the several companies developing projects in British Columbia’s prolific Golden Triangle, was granted a provincial environmental assessment certificate for its Red Mountain project. The proposed a 147.2-hectare underground gold and silver mine is located approximately 18 kilometres northeast of the District of Stewart in the […]

By Adam Hamilton – Zeal Intelligence October 5, 2018 – The battered gold miners’ stocks are finally starting to recover after a rough few months. Their prices slid with gold in July, plummeted in a brutal forced capitulation in August, and then dropped again in an echo capitulation into mid-September. That left them at fundamentally-absurd

By Reuters BAMAKO, Oct 5 (Reuters) – Industrial gold production in Mali, Africa’s third biggest producer, is still expected to rise almost 21 percent to 60 tonnes this year, a government official told Reuters on Friday, despite slightly lower than expected output so far. Aboubacar Ogognagaly, head of the mines division, said a previous production

By Frank Holmes – U.S. Global Investors Get ready, gold bulls: The precious metal could be close to finding a bottom. The price of gold fell back below $1,200 an ounce again this week as the U.S. dollar advanced following another federal funds rate hike. It’s now set to log its sixth straight month of

By Reuters LONDON, Oct 5 (Reuters) – The great and the good of the global metals industry are descending on London, making their annual pilgrimage to the London Metal Exchange’s LME Week jamboree. They do so because the 141-year-old market sets the world’s reference prices for everything from aluminium to zinc. And away from the

By Reuters MUMBAI/BENGALURU, Oct 5 (Reuters) – Higher domestic prices dented demand for physical gold in India, prompting dealers to offer the biggest discounts in 3-1/2 months this week, while neighbouring Bangladesh approved its first policy to regulate imports and exports of the metal. Some customers in Singapore and elsewhere in Asia cashed in on

By Proven and Probable Gregory Beischer, president and CEO of Millrock Resources, in conversation with Maurice Jackson of Proven and Probable, talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties. Video Audio Transcript Original Source: http://www.streetwisereports.com/article/2018/10/02/explorer-releases-drill-results-from-alaska-copper-gold-project.html Maurice Jackson: Welcome to Proven and Probable. I’m

By Cecilia Jamasmie Canadian miner Hudbay Minerals (TSX, NYSE: HBM) responded to media reports about it being in talks to buy Chile’s Mantos Copper by saying that while it avoids commenting on market rumours, its strategy does include growth opportunities, such as acquisitions. Private equity-backed Mantos Copper said in July it was looking for a

By Cecilia Jamasmie Shares in Egypt-focused gold miner Centamin (LON:CEY) (TSX:CEE) dropped more than 12 percent in London on Friday after it axed its annual production target for the second time this year due to delays in planned operational improvements. The company now expects to produce 480,000 ounces of gold, down from a range of

By Oz Financial While a desire for the return of the gold standard might be the realm of anti-establishment economists, internet conspiracy theorists, and Donald Trump (who arguably qualifies for both the aforementioned categories), choosing to hold gold as an asset is proving increasingly popular amongst some of the world’s most important central banks. With