Barrick Gold said on Friday it welcomed a court ruling ordering the Papua New Guinea (PNG) government to negotiate over a lease extension for the Porgera gold mine.
Prime Minister James Marape recently said that the country would not grant the mine a …
Barrick welcomes court decision over Papua New Guinea gold mine Read More »
Dual listed gold miner Alacer Gold has maintained its production outlook for the 2020 financial year, reporting a strong first quarter in the three months to March.
The ASX- and TSX-listed company produced 87 863 oz of gold during the three months und…
Alacer maintains full year outlook Read More »
Galway Metals Inc. [GWM-TSXV; GAYMF-OTC] released significant new drill results from two holes at its…
Galway Metals drills 6.5 g/t gold over 14 metres at Clarence Stream Read More »
Rockridge Resources Ltd. [ROCK-TSXV; RRRLF-OTCQB] has completed nine diamond drill holes in a 2,070-metre diamond…
Rockridge intersects high-grade gold at Raney Project Read More »
Fed and ECB Policies and Precious Metals Moves
Ed Moya kicks off today by recapping the Fed and ECB statements. While both central banks remaining easy with their…
Ed Moya – Senior Market Analyst at OANDA – Thu 30 Apr, 2020 Read More »
The Competition Tribunal has unconditionally approved Harmony Gold’s acquisition of Mponeng gold mine, other assets and other related liabilities from AngloGold Ashanti. The purchase price includes $200-million in cash, plus a deferred payment of up to…
Competition Tribunal approves Harmony-AngloGold transaction Read More »
Gold miner Ramelius Resources has identified a A$24-million capital cost savings for its Tampia gold project, in Western Australia, on the back of a simplified processing solution, but has pushed back the project’s start date from mid-2020 to the start…
Ramelius cuts costs at Tampia, pushes back start date Read More »
Canadian gold miner Yamana on Wednesday announced a 25% increase in its annual dividend to $0.0625 a share, effective from the second quarter of 2020.
This is the third dividend increase that the gold miner announced in the past year, for a cumulative…
Gold miner Yamana lifts dividend by 25% Read More »
Gold miner Newcrest Mining is undertaking a fully underwritten institutional placement with the aim of raising A$1-billion, along with a share purchase plan (SPP) to raise a further A$100-million.
The funds will be used to purchase the Fruta del Nort…
Newcrest raises major cash for financing buy Read More »
Global gold holdings is said to have held firm at 1 083.8 t in the first quarter of the year, marking a rise of 1% on the same period last year, according to the World Gold Council’s (WGC’s) latest Gold Demand Trends report. The global Covid-19 pandemi…
Gold still has important role to play, despite Covid-19, says World Gold Council Read More »
