Gold and Silver

Mining News Pro - South African miner Gold Fields is said to have hired investment bank RBC Capital Markets to explore the sale of a 30% stake in its Salares Norte gold project, in Chile’s northern Atacama region.

Mining News Pro - Gran Colombia Gold expects to complete in February the spin off of its Marmato project, located in the country’s department of Caldas, into a separately listed company, executive chairman Serafino Iacono said at a trade conference in Vancouver, Canada.

Mining News Pro - B2Gold reported a record annual consolidated gold production of 969,495 ounces in 2019, including 118,379 ounces from discontinued operations.

Mining News Pro - Canada’s IAMGOLD Corp. announced Thursday that chief executive officer Stephen Letwin will retire at the end of February after a decade at the company, with the post to be assumed by the current president and chief operating officer Gordon Stothart.

Mining News Pro - Serabi Gold (TSX: SBI) recorded its highest ever quarterly gold production and exceeded 40,000 ounces in a year for the first time, the Brazil-focused gold miner announced Tuesday.

Mining News Pro - Resolute Mining Ltd said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.

Mining News Pro - Para Resources announced that its wholly-owned subsidiary Colombia Milling entered into a binding letter of intent with Mineros to acquire 100% of the shares of Operadora Mineras for $5.5 million in cash.

Mining News Pro - A report by Fitch Ratings states that miners should resist the temptation to increase cash returned to shareholders as gold prices rise and suggests exhibiting more caution than in past bull cycles.

Mining News Pro - Researchers from the Swiss Federal Institute of Technology in Zurich created a lightweight 18-carat gold nugget, using a matrix of plastic in place of metallic alloy elements.

Mining News Pro - Sudan has begun allowing private traders to export gold, a measure designed to crack down on smuggling and attract foreign currency into the country’s cash-strapped treasury.

Mining News Pro - Chile’s Supreme Court has handed another small victory for Barrick Gold after rejecting an appeal by a local indigenous community asking for a revision of the water quality baseline in the area where the company’s halted Pascua-Lama gold-silver project is located.

Mining News Pro - On Thursday, gold was retreating further from near seven-year highs reached Tuesday, but even gold bugs probably aren’t complaining (not too much anyway) about a price in the mid-$1,500s, the highest since March 2013.

Mining News Pro - Global gold-backed exchange-traded funds (ETFs) and similar products had $19.2 billion or 400 tonnes of net inflows in 2019 after holdings rebounded in December, the World Gold Council (WGC) reports. In the fourth quarter, ETF holdings reached an all-time high of 2,900 tonnes.

Mining News Pro - After spiking to a near seven-year high when news of an Iranian missile attack on a US base in Iraq first broke, the price of gold plummeted on Wednesday.

Mining News Pro - Gold futures jumped after reports of rocket attacks on a US military base in Iraq, hitting fresh six year highs.

Mining News Pro - Newmont, the world’s No. 1 gold miner, said on Monday it would bump its annual dividend up 79%, effective in the first quarter of 2020, subject to board approval.

Mining News Pro - Australian gold miner Northern Star Resources (ASX: NST) has completed the acquisition of US giant Newmont Goldcorp’s 50% stake in Western Australia’s iconic Super Pit mine for $775 million.

Mining News Pro - Northern Star Resources has completed the acquisition of a 50 per cent stake in the Super Pit previously held by Newmont Goldcorp, joining Saracen Mineral Holdings as owners of the Western Australian site.

Mining News Pro - Trying to move tons of gold or whisk a dictator to safety? Need to extract a corporate executive from house arrest and spirit him across the world?

Mining News Pro - Gold advanced toward a six-year high after a U.S. airstrike killed one of Iran’s most powerful generals, ratcheting up tensions in the Middle East and driving demand for havens.

In Picture

Mining News Center