Mining.com

By Reuters Barrick Gold Corp will eliminate the executive role of Chief Innovation Officer as part of a broad decentralization push, the company said on Wednesday, adding that it will continue to work on innovation and productivity improvements. Barrick did not officially announce the change, which follows work by CIO Michelle Ash to establish systems […]

By Reuters VLADIVOSTOK, Russia, Sept 12 (Reuters) – Polyus, Russia’s largest gold producer, is on track to boost production to 2.8 million troy ounces and to reduce its capital expenditure in 2019, its Chief Executive Pavel Grachev told Reuters. Its 2018 production is on track to reach the upper end of its forecast range of

By Cecilia Jamasmie Canada’s Yamana Gold (TSX: YRI) (NYSE: AUY) said Wednesday that Argentina’s surprise decision to impose a new tax on all exports could hurt its cash flow, even as the miner is mulling ways to mitigate the impact. Earlier this month, Argentine President Mauricio Macri and economy minister Nicolás Dujovne announced temporary austerity

By Cecilia Jamasmie A Brazilian court has placed a new obstacle in the way of Canada’s Belo Sun Mining’s (TSX:BSX) plans to develop a vast gold mine in the Amazonic state of Pará, by ruling that the company’s permits should be issued and reviewed by federal authorities. The state’s Environment and Sustainability Secretary (Semas) had

By Amanda Stutt Resurfacing financial fears will ultimately be supportive of gold, says Reuters in a study published this month. The precious metal is being weighed down by the strong US dollar, and a sell-off is possible, triggered by weakened emerging markets, writes Rhona O’Connell, Head of Metals for the GFMS team at Thomson Reuters.

By Gold Stock Bull The gold-silver ratio has been one of the most reliable technical ‘buy’ indictors for silver, whenever the ratio climbs above 80. The gold-to-silver ratio has now spiked above 85, which is the highest level of this entire 18-year bull market! In fact, you have to go back 27 years to 1991

By Bloomberg News (Bloomberg) — After more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths. More than 50 people have died in the country’s mines in 2018, roughly the same number as this time last year. While annual death tolls

By MINING.com Editor Vancouver- based GT Gold’s (TSX.V: GTT) stock is trading at 75 cents following a discovery at the Saddle North target on its Tatogga property in BC’s Golden Triangle. At market close, GT Gold’s stock had risen 44 per cent. “The hole results and visual intercepts indicate possibly the most important new copper-gold-silver

By Vladimir Basov Gold has been and still is a favored investment commodity around the globe. But in today’s challenging mineral commodity markets, investors are highly sensitive to a mine’s production costs. Gold grade is a profitability driver for a mine; lower ore grades have a significant impact on production costs. According to GFMS’ 2013

By Cecilia Jamasmie World’s second largest gold producer Newmont Mining (NYSE:NEM) has acquired 19.9% of Canadian gold junior Orosur Mining (TSX, AIM:OMI), which recently closed operations in Uruguay and Chile to focus on Colombia. Through a placement worth $2 million, Newmont has acquired 29.2 million commons shares at a price of C9.1c (6.9 cents) each.