Kirkland Lake Gold hits production record ahead of merger with Agnico Eagle

Mining News Pro - Kirkland Lake Gold ended its final quarter before its combination with Agnico Eagle Mines on a high note – with record production of 380,470 oz. gold achieved across its three operations.

Gold price steady as investors weigh policy outlook against omicron

Mining News Pro - Gold steadied after its best week in two months as traders weigh the outlook for monetary policy against the threat posed by a fresh coronavirus wave in the U.S.

GoldStone completes second gold pour at Ghana project

Mining News Pro - GoldStone Resources has completed its second gold pour at the Homase mine, in the Ashanti Gold Belt, in Ghana.

Metals traders are bracing for the next big supply squeeze

Mining News Pro - Industrial metal markets are marching higher again, as production outages and shrinking inventories revive worries about global supplies of some of the key building blocks of the economy and the green-energy transition.

Endeavour Silver beats 2021 production guidance, shares up

Mining News Pro - Endeavour Silver reported on Tuesday full-year 2021 production of 4,870,787 ounces silver and 42,262 ounces gold, for silver-equivalent (AgEq) production of approximately 8.3 million ounces.

Deepwater oil targeted by Argentine activists who quashed mining

Mining News Pro - Environmental activists in Argentina are trying to prevent new oil exploration in the resource-rich South American nation just days after forcing a governor in Patagonia to reverse course on silver mining.

B2Gold says Mali mine can withstand impact of sanctions

Mining News Pro - Canadian miner B2Gold’s Fekola mine in Mali continues to operate normally and remains unaffected by sanctions imposed on the country by the Economic Community of West African States (ECOWAS), CEO Clive Johnson told Reuters on Tuesday.

B2Gold says Mali mine can withstand impact of sanctions

Mining News Pro - Canadian miner B2Gold’s Fekola mine in Mali continues to operate normally and remains unaffected by sanctions imposed on the country by the Economic Community of West African States (ECOWAS), CEO Clive Johnson told Reuters on Tuesday.

Lundin Gold beats 2021 production targets at Fruta del Norte

Mining News Pro - Canada’s Lundin Gold (TSX: LUG) saw production jump at its Fruta del Norte gold-silver mine in Ecuador in 2021, its first full year of operations, churning out a total of 428,514 gold ounces.

Iron ore price jumps on hopes of recovering steel production in China

Mining News Pro - The iron ore price rose on Tuesday on growing hopes of a recovery for steel demand in China.

Nickel price hits highest in a month with inventories close to record lows

Mining News Pro - The nickel price rose on Monday to their highest level in more than one month, with inventories hovering close to record lows.

Barrick says Mali mines unaffected by ECOWAS sanctions

Mining News Pro - Barrick Gold, which owns Mali’s biggest gold mine complex Loulo-Gounkoto, said on Monday its mines in the country have “thus far not been affected” by sanctions imposed by the Economic Community of West African States.

Top 10 drill holes of the year

Mining News Pro - Perth-based Opaxe compiles the best drill intersections reported around the world and then ranks them based on gold equivalent grams per tonne using ruling metal and mineral prices.

Gold catalyst helps transform methane into methanol, acetic acid

Mining News Pro - While some researchers are proposing the idea of using a platinum catalyst to keep methane out of the atmosphere, a group of British, Chinese and American scientists demonstrated, for the first time, the direct conversion of methane into methanol and acetic acid using a gold catalyst.

Uranium price surges as unrest grips world’s top supplier Kazakhstan

Mining News Pro - Uranium prices jumped as Kazakhstan, the world’s largest producer of the radioactive metal, struggles to cope with deadly protests that pose the biggest challenge to the country’s leadership in decades.

Glencore’s former top copper trader joins digital metal startup

Mining News Pro - Glencore Plc’s former head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup.

Goldman Sachs says bitcoin will compete with gold as “store of value”

Mining News Pro - Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in a research note to clients.

Gold price bounces higher ahead of Fed minutes

Mining News Pro - The gold edged higher on Wednesday, supported by declines in the dollar and worries over the fast-spreading omicron variant, though trading was range-bound as investors await the minutes of the US Federal Reserve’s latest policy meeting.

Pure Gold aims to get Red Lake mine on track with leadership shakeup

Mining News Pro - Pure Gold Mining has put new leadership in place at its PureGold operation in Red Lake, Ontario, in order to get the mine to consistent production and profitability.

Gold price extends loss with bond yields

Mining News Pro - Gold extended its decline heading into 2022, falling by more than 1% on Monday as a risk-on rally in equities pressured bullion, with investors shrugging off concerns surrounding the omicron coronavirus variant.

Barrick brings North Mara tailings storage facility back to permitted design capacity

Mining News Pro - Gold and copper miner Barrick Gold reports that its Tanzania-based North Mara gold mine achieved its commitment to bring the operation’s tailings storage facility (TSF) pond back within its permitted design capacity by the end of 2021.

Gold steadies near 6-week high as firmer yields offset Omicron woes

Mining News Pro - Gold scaled a six-week high before it gave up gains to trade flat on Monday, as safe-haven buying fuelled by an Omicron-driven surge in Covid-19 infections countered pressure from higher US Treasury yields.

Peru extends small-scale miners’ legalization process to 2024

Mining News Pro - Following a series of meetings between representatives of Peru’s executive and legislative powers and the small-scale mining sector, the country enacted a law that extends the process of legalization of artisanal miners to December 31, 2024.

Great Panther fined $9m by Brazilian environmental agency for cyanide pollution

Mining News Pro - Vancouver-based Great Panther Mining’s Brazilian subsidiary, Mina Tucano, has received three notices of infraction from the Amapá State Environmental Agency (SEMA), which alleges the miner polluted two freshwater streams in the northern Pedra Branca do Amaparí municipality causing a massive fish mortality event.

Top iron ore stories of 2021 and what to expect in 2022

Mining News Pro - The iron ore price went on a white knuckle ride in 2021.

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