gold

Gold major Newmont has posted an 85% year-on-year increase in its first-quarter adjusted net income, as new production from the acquisition of Goldcorp and higher average realised prices bolstered revenue.

The NYSE- and TSX-listed mining company on Tu…

Unionised employees at Canadian gold miner Kinross Gold’s Tasiast mine, in Mauritania, have initiated strike action. Kinross, who disagrees with the basis for the strike, on May 5 said that it remained open to discussions with the staff delegates to re…

TSX-listed Gran Colombia is investing in renewable energy and, through its Segovia operations, will acquire an 11.2 MW solar project in the Tolima region of Colombia.

Gran Colombia has signed a letter of intent with renewable energy developer and inde…

The World Gold Council (WGC) says central banks have continued to be net purchasers of gold in March, adding 46 t to global reserves.

However, central banks added 4% less gold to reserves compared with March last year.

Gold miner St Barbara will undertake a feasibility study (FS) into a sulphide project at its Simberi operation, in Papua New Guinea, after a prefeasibility study (PFS) proved positive.

The PFS, which was completed in March this year, built on a 2016 P…

TSX-listed Marathon Gold, which owns the Valentine gold project in central Newfoundland, is amending the terms of its previously announced bought deal offering to upsize it to C$30-million.

Under the amended terms, Canaccord Genuity, Sprott Capital Pa…

Production at Canada-based gold miner Iamgold could fall below 700 000 oz this year, owing to the continuing global Covid-19 crisis.

The company, which owns assets in Canada, Burkina Faso, Mali and Suriname, on Monday lowered its guidance for 2020 to…