Mining.com

By Cecilia Jamasmie Shares in Canada’s RNC Minerals (TSX: RNX) were off to the races on Monday after the miner revealed it had unearthed more than 9,000 ounces of high-grade gold from a single blast over the past few days at its Beta Hunt mine, in Western Australia. That’s more than 560 pounds (255kg), or […]

By Cecilia Jamasmie Junior gold producer Anaconda Mining (TSX: ANX) is stepping up efforts to expand its footprint in little-explored Atlantic Canada by creating ExploreCo, a new wholly-owned subsidiary that will focus on early-stage exploration projects in the area. The Toronto-based company, which already operates the Pint Cove open-pit mine in Newfoundland’s Baie Verte mining

By Valentina Ruiz Leotaud Right when the debate about the legislation to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership is about to start in Australia’s House of Representatives, the mining sector is out and about showing its support to the trade deal. This week, the Minerals Council of Australia issued a statement supporting

By Valentina Ruiz Leotaud Costa Rica’s Environment Minister, Carlos Manuel Rodríguez, told local media this week that the environmental damage caused by the more than 4,000 artisanal miners that broke into Las Crucitas gold mine was not as bad as was first feared and that the area is expected to recover in a couple of

By Frik Els Graph background image: Strike Drilling Australia is the world’s number two gold producer; the country’s tightening its grip on the trade in iron ore and coking coal; comes in at no 6 for copper; and is set to increase output of mineral-du-jour lithium from the current 38% to nearly half the global

By Reuters MUMBAI/BENGALURU, Sept 7 (Reuters) – Physical gold buying picked up pace in major Asian centres this week as lower prices fuelled appetite for the metal, with India seeing healthy demand ahead of the festive season despite a rise in domestic rates to a two-month high. In India, the world’s second-biggest consumer of the

By Adam Hamilton – Zeal Intelligence Gold and silver were thrashed this past summer, relentlessly pounded to deep new lows. That has fueled extreme bearishness, with traders convinced the precious metals’ fundamentals are rotten. But epic all-time-record futures short selling by speculators was the real culprit. These unprecedented shorts must soon be covered with proportional

By Cecilia Jamasmie Australia’s Perth Mint has unveiled this week the most expensive collector coin in the country’ history — a diamond-encrusted treasure valued at $2.5 million ($1.8m). Made of 99.99 percent pure gold, the coin features four rare Argyle pink and purplish-pink diamonds. The largest is 1.02 carat. Named the Discovery Gold Coin, its

By Cecilia Jamasmie Precious metals miner Tahoe Resources (TSX:THO)(NYSE:TAHO) has resumed mining at La Arena gold operation in Peru eight days after protesters trespassed on its property and demanded payment for alleged environmental impacts on their community. The Canadian miner, which said locals are now willing to hold formal talks with the company, noted annual

By Cecilia Jamasmie After two years, and several attempts to gain access to copper and gold mines in Eritrea and Serbia, Canada’s Lundin Gold (TSX:LUG) has decided to abandon its plan to acquire fellow miner Nevsun Resources (TSX, NYSEMKT:NSU). Faced with a competing bid from China’s state-backed Zijin Mining, the Toronto-based company said it won’t