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By Reuters India’s gold imports plunged a fifth straight month in May to 48 tonnes as a rally in local prices to near their highest level in 21 months curtailed retail purchases, provisional data from precious metals consultancy GFMS and bank dealers showed. The 60 percent drop in purchases from a year ago by the […]

By Cecilia Jamasmie Gabriel Resources (TSX-V:GBU) will have to wait until late next year to find out whether Romania will have to pay it $4.4 billion in alleged losses related to the company’s Rosia Montana gold and silver project, which the government of that country refused to approve following relentless protests. The miner said the

By Reuters South African gold miner Harmony Gold raised just over 1.05 billion rand ($82 million) via the issue of new shares, it said on Wednesday, raking in cash to pay down debt used for an acquisition. Harmony took out loans to partly fund the $300 million acquisition of the Moab Khotsong mine earlier this

By Reuters Outflows of North American gold-backed exchange traded funds (ETFs) rose in May, as volatility in the gold market dragged prices lower, the World Gold Council said on Wednesday. The ETFs lost nearly 30 tonnes worth $1.2 billion, compared with inflows of 43.7 tonnes worth $1.9 billion in April, as the dollar in which

By Globe Newswire Acoustic Zoom is proud to announce it has closed a US$1 million investment from Goldcorp Inc., one of the world’s leading gold producers. Acoustic Zoom, an advanced geophysics company specializing in innovative seismic solutions, was awarded the top prize at #DisruptMining 2018, an innovation accelerator designed to encourage new technologies and ideas

By Reuters LONDON (Reuters) – Gold jewelry sales in number one market China are finally picking up after years of decline, but consumers are still shying away from platinum. Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14 percent and 16 percent of consumption respectively.

By Globe Newswire VANCOUVER, B.C., June 05, 2018 – Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) and its wholly owned subsidiary, the Yukon Mint are pleased to announce the First Yukon Mint .9999 gold coin was unveiled on May 30th, 2018 at a Company event in Toronto, Canada. A community event

By Cecilia Jamasmie Mid-tier Canadian miner B2Gold (TSX, NYSE: BTO) has officially open a solar farm at its Otjikoto mine in Namibia, which the country’s Ministry of Mines and Energy, Tom Alweendo, said it was a “significant contribution” for the nation’s attempts to find sustainable energy solutions. The opening follows the Vancouver-based miner’s breaking ground

By Bloomberg News Every year, Freeport-McMoRan Inc. dumps tens of millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is demanding the right to keep at it for decades to come. The discharge of what are called tailings, the leftovers of mineral

By Frank Holmes – U.S. Global Investors Ready for inflation? Just days after Treasury Secretary Steven Mnuchin reassured markets that a trade war between the U.S. and China was “on hold,” the Trump administration announced that it would be moving forward with plans to impose 25 percent tariffs on as much as $50 billion worth