Keyword: "gold"

Mining News Pro - Gold prices rose past the $1,900 an ounce level on Monday, supported by worries over a spike in covid-19 cases around the globe and uncertainty surrounding the upcoming US presidential election. However, a stronger dollar limited bullion’s advance.

Mining News Pro - Gold explorer Golden Rim Resources has reported a 43% increase in the Kouri mineral resource estimate, in Burkina Faso.

Mining News Pro - Nordgold has claimed to the Takeovers Panel that Cardinal Resources has been misleading about its shareholder intentions to accept or reject a takeover bid.

Mining News Pro - Dominican Republic-focused miner Unigold (TSXV:UGD) has released results from its ongoing drilling at the Candelones Extension deposit, part of the company’s 21,031-hectare Neita Concession.

Mining News Pro - Colombia gold mine Buritica, which the government hopes will boost production of gold by 25% as it looks to diversify mining away from coal, opened on Friday in a ceremony attended by President Ivan Duque.

Mining News Pro - Russia’s top gold producer Polyus said on Thursday its giant Sukhoi Log gold deposit in Siberia was the world’s biggest by reserves both among greenfield assets and operating mines.

Mining News Pro - Freeport McMoRan beat analysts’ estimates for third-quarter profit, as the miner benefited from higher gold prices due to the covid-19 pandemic and cost cuts.

Mining News Pro - Gold miner Nordgold has turned to the Australian Takeovers Panel in its quest to gain ownership of ASX-listed Cardinal Resources, claiming that the takeover target was providing "misleading" statements to the market and creating a false market for the company’s shares.

Mining News Pro - According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal’s use in widespread applications, from power generation and electricity distribution to iPhones.

Mining News Pro - Gold’s strong performance over the last year-and-a-half has piqued the interest of investors, with large pools of investor capital ready to be tapped, but it is up to the industry to introduce itself to investors, says Yamana Gold’s Peter Marrone.

Mining News Pro - Caledonia Mining is interested in buying one of Zimbabwe’s largest gold operations as it embarks on an aggressive plan to acquire more assets in the country, according to a person familiar with the details.

Mining News Pro - Sibanye Stillwater Ltd.’s efforts to buy gold assets in the Americas have been stymied by gold’s record-breaking rally which led to mining company ratings being boosted and asset prices rising.

Mining News Pro - Fortuna Silver Mines has reported the first gold pour from its Lindero mine in Salta, Argentina.

Mining News Pro - Removing Sudan from the State sponsors of terror (SST) list will open “exciting opportunities” for investment in the African country, Canadian gold explorer and developer Orca Gold said this week, citing its Block 14 gold project as one of those opportunities.

Mining News Pro - The directors of takeover target Cardinal Resources have urged shareholders not to take any action regarding an increased offer price from suitor Nordgold.

Mining News Pro - Miner Kinross Gold does not feel under pressure to do deals, CEO Paul Rollinson said on Tuesday, playing down a media report that said it was eying the sale of its business in the Americas.

Mining News Pro - South African bullion producer Gold Fields could soon access 3.5 million ounces of extractable gold in northern Chile – if an operation to capture and relocate a population of critically endangered chinchillas living around the project proves successful.

Mining News Pro - Canadian miner Kinross Gold is said to be considering a sale of its gold mines in North and South America and moving its primary stock listing to London in a move to increase the company’s value.

Mining News Pro - Following the collapse on Saturday of a bridge in the town of Los Encuentros in Ecuador’s southern Zamora Chinchipe province, Lundin Gold announced that it will be footing the $2.5 million bill for the replacement.

Mining News Pro - Gold prices steadied in a tight range around the $1,900 level on Friday, but fading chances of a stimulus agreement before the US presidential election kept bullion on track for its first weekly decline in three.