Mining.com

By Cecilia Jamasmie South Africa’s AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world’s third-largest producer of the metal, said Wednesday it had received environmental permits to reopen its idled Obuasi mine in Ghana. The operation, which for years battled incursions by illegal miners, is expected to start gold production by the third quarter of 2019, at an […]

By U.S. Global Investors The U.S. inflation story made further inroads this month, with year-over-year price growth for consumers and producers alike hitting multiyear highs. U.S. consumer prices expanded at their strongest pace in more than six years, climbing to an annual change of 2.8 percent in May. Prices for final demand goods, meanwhile, grew

By CNW Group OTTAWA, June 26, 2018 /CNW/ – The Royal Canadian Mint is proud to issue its first collectible coin crafted entirely of Nunavut-sourced gold. Designed by Inuk artist Andrew Qappik, the reverse image highlights the walrus, ptarmigan, polar bear, bowhead whale and narwhal, all framed within the outline of a maple leaf. The

By Cecilia Jamasmie Canada’s Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said Tuesday it has produced first gold and silver at its Cerro Moro mine, located in Argentina’s Santa Cruz province. The Toronto-based miner, which began construction at Cerro Moro in 2015 and poured first doré last month, expects to finish building the mine this

By Michael Allan McCrae Equinox Gold said last week that it will incorporate Solaris Copper which will hold all of Equinox’s copper assets. The chief assets being held are Warintza project in Ecuador and the La Verde project in Mexico. Sixty percent of Solaris Copper shares will be distributed to Equinox Gold shareholders with the

By Bloomberg News (Bloomberg) — A Mauritian commodity exchange that plans to start operating in the fourth quarter expects to trade $6.5 billion of gold annually within five years, part of the Indian Ocean island nation’s plan to become a financial gateway to Africa, its chairman said. The introduction of the Mauritius International Derivatives and

By The West Australian ASX-listed Artemis Resources and JV partner, TSX-V listed Novo Resources, will shortly commence an aggressive $5.4m exploration program at their shared conglomerate and paleoplacer gold projects near Karratha, in the west Pilbara of W.A. Initially the program will focus on bulk sampling, diamond drilling and costeaning activities, primarily at the emerging

By Cecilia Jamasmie Shares in Galantas Gold (TSX, LON:GAL) climbed on Monday in London after the company announced it has reached the main gold vein in development works underground at its Omagh gold mine in Northern Ireland. The main tunnel that Galantas has dug descends at a slope with a gradient of 1-in-7 from near

By Cecilia Jamasmie Acacia Mining (LON:ACA), Tanzania’s No.1 gold producer, said Monday that parent company Barrick Gold (TSX, NYSE:ABX) has yet to reach an agreement with the East African nation’s government to end a running dispute over taxes that has severely hit the miner’s bottom line. Barrick, which has been negotiating on Acacia’s behalf with

By Valentina Ruiz Leotaud Ghanaian media are reporting that people that work for Newmont Ghana’s subcontractor at the Ahafo gold mine have downed their tools while protesting in demand for additional compensation and benefits. According to the local press, a police constable from the Brong-Ahafo Regional Police Operational Unit was injured in the eye while