Gold
Colombia is auctioning gold and copper mining projects
Mining companies interested in applying for potential exploration and development permits in Colombia should register for several rounds starting Feb. 11 this year, the government said Tuesday as it continues its efforts to diversify mineral production. For a …
World gold production to increase strongly in 2021
After falling in 2019, global gold production was impacted by the Covid-19 pandemic in 2020, while the suspension of expansion work and the shrinking of mines that were about to close also exacerbated the decline. According to UK analyst GlobalData, total …
Sumitomo and IAMGOLD with large gold discovery in Ontario
Sumitomo Metal Mining and IAMGOLD today confirmed significant gold mineralization from an exploration program in the Gosselin and Young-Shannon Zones, located approximately 1.5 kilometers northeast of the Côté Gold Project in Ontario, Canada. Highlights of the …
Ten miners dead in larger mining disaster in China
Rescuers searching for remaining trapped workers at a Chinese gold mine after the dramatic recovery of 11 survivors on Sunday found nine bodies, a local official said on Monday, bringing the death toll to 10, with one miner still missing . A total of 22 miners …
Gold prices react to Biden´s stimulus announcement
Gold prices fell Monday on concerns that a massive stimulus package might not pass smoothly in the United States, despite a weaker dollar limiting gold's losses. Spot gold fell 0.1% to $ 1,850.91 an ounce at 0822 GMT after falling 0.9% in the previous session. …
Shanta Gold to increase production in 2021
In the last update from Shanta Gold (SHG: LSE), the company announced gold production numbers of 82,978 oz, slightly above its 2020 forecast of 80,000 - 85,000 oz. The company also stated that it is now unsecured and fully exposed to the price of gold. The …
Eldorado Gold increases production by 34%
Canada's Eldorado Gold (TSX: ELD) (NYSE: EGO) increased gold production in 2020 by 34% compared to 2019 to 528,874 ounces, despite Covid-19 measures forced the company to close its Lamaque mine in Quebec to stop. The number was in line with the mining …
Fosterville South starts Drilling at Lauriston
Fosterville South Exploration Ltd. (“Fosterville South”) or (the “Company”) (FSX – TSXV, FSXLF – OTC, 4TU – Germany) is pleased to announce it has commenced drilling at its Lauriston Gold project, located in Victoria, Australia. \\Highlights:\\ \ \\Lauriston …
New Year, old Habits - Gold is on the rise again
The first day of trading, which started yesterday in Australia, has seen exponential growth in bullish market sentiment on the gold price. Although the factors that drove the price of gold just above $ 50 on the first day of trading in 2021 have been around …
Fosterville South with Excellent News Update on Golden Mountain Project
\\Vancouver, BC – December 18, 2020\\ – Fosterville South Exploration Ltd. (\\“Fosterville South”\\ or the “\\Company\\”), (\\TSXV:FSX – WKN:A2P2JF – FWB:4TU\\) is pleased to report new gold assay results from the ongoing drill program at its Golden Mountain …