PureGold hits commercial production

Mining News Pro - Vancouver-based PureGold has reached commercial production at its namesake mine in Ontario, marking an “exciting” growth phase for the company, reports CEO Darin Labrenz.

Sudan’s official gold output almost doubles as smuggling curbed

Mining News Pro - Sudan’s official gold output nearly doubled in the first half of 2021 as authorities reined in smuggling, a Sudanese Mineral Resources official said, marking a partial success in efforts to salvage the economy.

Gold set for modest rally before easing in 2022

Mining News Pro - Gold prices will average a little above their current level of $1,830 an ounce for the remainder of 2021 before edging lower next year as the global economy recovers and central banks begin to tighten monetary policy, a Reuters poll showed on Thursday.

Goldman recapitulates $5 a pound copper price by end of 2021

Mining News Pro - In a new research note, Goldman Sachs says the copper price is “poised for the next leg higher” as short term headwinds fade and fundamentals point to a significant demand boost further out.

Gold price jumps to 2-week high as Fed maintains dovish tone

Mining News Pro - Gold prices jumped by more than 1% on Thursday after moving sideways over the past week, as investors reacted to the US Federal Reserve’s dovish messaging after keeping the benchmark interest rate near zero (as expected).

Mt Gibson adds to Capricorn’s gold growth

Mining News Pro - Capricorn Metals has revealed plans to restart production at the historic Mt Gibson gold project (MGGP) in the Murchison region of Western Australia as part of the company’s strategy to grow into an Australian-focused multi-mine gold company

Gruyere troubles put bump in Gold Road

Mining News Pro - Gold Road Resources has reported lower gold production for the June quarter following processing plant issues at the Gruyere joint venture (JV) operation in Western Australia last month.

UNESCO names Romanian ancient gold mine settlement a world heritage site

Mining News Pro - UNESCO added the ancient Roman gold mining area of Rosia Montana in western Romania to its list of world heritage sites on Tuesday, throwing the town a lifeline and further complicating a long-stalled mine project.

Osisko secures gold from Eldorado’s project in Brazil

Mining News Pro - Osisko Gold Royalties has agreed to as much as a 2.75% net smelter return royalty on a Brazilian gold project operated by Eldorado Gold from Sailfish Royalty in a $10 million cash deal.

La Mancha launches $1.4 billion gold mining fund

Mining News Pro - La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a $1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector.

Barrick Gold signs four exploration deals in Egypt

Mining News Pro - Barrick Gold has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said on Tuesday.

Ethos Gold stock soars on Sprott investment

Mining News Pro - Ethos Gold announced on Monday it has arranged a non-brokered private placement offering of units priced at C$0.32 each to raise gross proceeds of C$2 million ($1.6m).

Osisko secures gold from Eldorado’s project in Brazil

Mining News Pro - Osisko Gold Royalties has agreed to as much as a 2.75% net smelter return royalty on a Brazilian gold project operated by Eldorado Gold from Sailfish Royalty in a $10 million cash deal.

La Mancha launches $1.4 billion gold mining fund

Mining News Pro - La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a $1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector.

How rutile may help find undiscovered gold deposits

Mining News Pro - Researchers at Curtin University received almost half a million dollars to develop a new method for extracting, identifying, preparing and dating individual crystals of rutile. The goal behind this process is to reveal details of their chemical make-up that could help guide geologists in searching for undiscovered ore deposits.

Harte Gold stock jumps on new discovery near Sugar Zone mine

Mining News Pro - Harte Gold’s regional exploration at its Sugar Zone property has made the discovery of a new greenfield mineralized area, about 8.5 kilometres (5.2 miles) northwest of the producing Sugar Zone mine in Ontario.

Gold trader’s chat bragged about ‘how easy’ it is to manipulate prices

Mining News Pro - Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, Edward Bases, bragging about how easy it is to manipulate prices.

Eldorado Gold grabs stake in Probe Metals for $18.9m

Mining News Pro - Canada’s Eldorado Gold has bought an 11.5% stake in Quebec-focused explorer Probe Metals, in deal worth about C$23.7 million ($18.9m).

Westgold starts third underground mine with Triton launch

Mining News Pro - Westgold Resources has commenced stope mining at the Triton North area of the South Emu-Triton underground mine at the Meekatharra gold operations in Western Australia.

Maple Gold Mines to buy former Eagle mine in Quebec

Mining News Pro - Maple Gold Mines has entered into an option agreement with Globex Mining Enterprises regarding the past-producing Eagle gold mine, 60 km southwest of Matagami, Quebec.

Quebec invests in gold developer Troilus

Mining News Pro - Advanced stage exploration and development company Troilus Gold has closed a C$11.5-million private placement with the government of Quebec, through Investissement Québec (IQ).

Perenti contract extends AngloGold Ashanti relationship

Mining News Pro - AngloGold Ashanti has awarded a $470 million contract for mining services to a Perenti Global joint venture (JV) at the Iduapriem gold mine in Ghana.

Barrick second-quarter gold output falls 5.4% on maintenance shutdowns

Mining News Pro - Barrick Gold said on Thursday second-quarter gold production fell 5.4% from the previous quarter, dented by planned maintenance shutdowns at Nevada Gold Mine, in the US, and Pueblo Viejo, in the Dominican Republic.

Sibanye may wind down gold mines in South Africa’s fading sector

Mining News Pro - Sibanye Stillwater may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.

Barrick Q2 gold output falls 5.4% on maintenance shutdowns

Mining News Pro - Barrick Gold Corp, said on Thursday second-quarter gold production fell 5.4% from the previous quarter, dented by planned maintenance shutdowns at Nevada Gold Mine in the United States and Pueblo Viejo in the Dominican Republic.

setiya hotel
chadormalu Co.
khuzestan steel
IranAluminaJaajarm
sangan steel
sabasteel
MME/PERED