Iamgold pours first bullion at Côté project in Ontario
The Côté gold mine has poured its first doré bar as the project advances toward commercial production. The mine, located 125 km southwest of Timmins, Ontario, is owned 60% and operated by Iamgold (TSX: IMG; NYSE: IAG), 40% owned by Sumitomo Metals Mining.
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Visit: 76
London gold dealer runs out of bullion as Truss budget shocks
Mining News Pro - When the pound slumped as Kwasi Kwarteng presented his mini-budget, some Britons rushed to the safety of a haven that’s recently lost its luster: gold.
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Visit: 532
Looks like there’s a whale snapping up gold bullion below $1,800
Mining News Pro - Spot gold is again bobbing along near $1,800 an ounce, as it has been since mid-2020. The stickiness of that level, particularly as fundamentals turned more bearish, suggests there’s a big buyer somewhere in these waters.
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Visit: 810
NT Bullion ships first iron ore from Frances Creek
Mining News Pro - NT Bullion has shipped its first batch of iron ore in six years using processed waste materials at the Frances Creek Mine in the Northern Territory.
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Visit: 420
50-year gold price vs stocks chart shows bullion fair value above $2,500
Mining News Pro - Gold has been flirting with a bear market this week with the price down nearly 20% from the intra-day high of $2,089 an ounce reached in August last year.
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Visit: 753
Sibanye-Stillwater profit jumps on bullion prices
Mining News Pro - Sibanye-Stillwater on Thursday reported a half-year profit boosted by higher precious metals prices and a weaker rand currency. Production from all the company’s operating segments increased year-on-year despite the disruptions posed by the pandemic.
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Visit: 931
Bullion funds strike it rich delivering gold to London vaults
Mining News Pro - In the 19th century California gold rush, the surest way to a fortune, according to Mark Twain, was to be in the “pick and shovel business.”
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Visit: 611
Gold Fields profit jumps on surging bullion prices
Mining News Pro - South African miner Gold Fields reported a big jump in half-year earnings on Thursday, benefiting from a surge in the price of gold.
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Visit: 618
Record bullion prices give South African gold miners a lifeline
Mining News Pro - South African gold miners are looking to cut debt and boost dividends as bullion hits record highs, with analysts and fund managers predicting a sectoral growth spurt over the next two years amid rising investor interest.
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Visit: 1097
Johannesburg gold stocks slay records as virus bolsters bullion
Mining News Pro - The red-hot rally in gold prices driven by investor concern about the coronavirus pandemic and its impact on the global economy has propelled South African gold stocks to record-slaying highs.
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Visit: 956
Inca One to launch online bullion store
Mining News Pro - Canada’s Inca One Gold announced that it will launch an online bullion store so that collectors and investors can purchase gold directly from the company.
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Visit: 500
Newmont’s profit surges on higher production, rise in bullion prices
Mining News Pro - Gold miner Newmont Corp’s adjusted profit nearly doubled on Tuesday boosted by higher production and a surge in the prices of the precious metal, as investors rushed to the safe-haven asset amid market turmoil caused by the COVID-19 outbreak.
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Visit: 530
AngloGold earnings lifted by bullion price strength
Mining News Pro - AngloGold Ashanti posted an expected 72% leap in annual earnings on Friday, boosted by higher bullion prices and its Kibali joint venture in Democratic Republic of Congo, as it forges ahead with a disposal plan to focus on higher returns.
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Visit: 667
Gold hits highest since 2013 as Goldman backs bullion in crisis
Mining News Pro - Gold surged to the highest level in more than six years as fast-rising tensions in the Middle East stoked demand for haven assets, with Goldman Sachs Group saying that bullion offered a more effective hedge than oil to the crisis. Palladium extended gains to an all-time high.
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Visit: 937
GV Gold closer to being one of Russia’s top 5 bullion miners, output up 36%
Mining News Pro - Russia’s GV Gold is a step closer to becoming one of the country’s top five producers after posting Monday an increase in output of more than a third helped by two newly launched mines in East Siberia.
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Visit: 1369
Supply of 20 kilograms of gold bullion on stock exchanges
Mining News Pro - Today, 20kg of gold bullion will be offered at the International Industrial and Mining Forum.
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Visit: 954
Surge In Silver Demand Leaves U.S. Mint With No Eagle Silver Bullion Coins
Mining News Pro - The U.S. Mint has temporarily sold out of its 2018 American Eagle Silver Bullion Coins and is currently in the process of producing more.
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Visit: 962
Transparent and continuous supply of bullion on the stock exchange demanded by the aluminum syndicate
Mining News Pro - Chairman of the board of directors of the aluminum syndicate said: "Some people are in any way trying to create economic insecurities in different areas, and the economy faces such problems.
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Visit: 1132
The aluminum stock reached its lowest level in the last decade:
Aluminum market is waiting for the growth of raw material prices at the cost of bullion
Mining News Pro - The London Stock Exchange`s LME inventory has gone up to 810,000 tons by continuing to cancel sales licenses by landlords.
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Visit: 1611
4 Biggest Risks Threatening The Physical Gold Market — ABC Bullion
Mining News Pro - As technology continues to reshape the world as we know it, its impact on the traditional physical gold market is hard to quantify, said Australia’s ABC Bullion chief economist while listing four biggest risks threatening the yellow metal in the near future.
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Visit: 2765
Supply of all types of copper, cement, concentrate and gold bullion
Mining News Pro - The Hall of Industrial and Mineral Products of the Commodity Exchange on Monday, September 5th, hosts a supply of 600 tons of copper wire, 3 thousand tons of copper cathode, 20 thousand tons of low-grade copper, 2 thousand tons of type 1 cements, 9 tons of precious metal concentrates and 10 kilograms Gold bullion
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Visit: 995
The production of bullion in Moute Gold reached 175kg / 29% growth in 4 months
Mining News Pro - The amount of gold bullion in the Moute golden complex increased by 29% during the first four months of this year, reaching 175 kilograms.
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Visit: 921
Banning bullion and gold mines / Max. 150 g. All types of artifacts are permitted by the passenger
Mining News Pro - The Director General of the Currency Exchange Headquarters for Combating Trafficking in Goods on the Entry and Exit of Gold from the country also said that at present, every passenger has the right to carry 150 grams of a variety of artifacts, but it is more limited.
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Visit: 1007