Illegal mercury trade for gold mining uncovered

Mining News Pro - An international team of researchers has developed a new method for examining global mercury trade data inconsistencies based on estimating and comparing the mercury input of artisanal and small-scale gold mining (ASGM) activities to the total mercury available domestically.

Illegal gold mining in Amazon equivalent to half of Brazil’s production

Mining News Pro - Between 2015 and 2020, Brazil traded 229 tonnes of gold with evidence of illegality, equivalent to almost half of the gold produced and exported by the country, according to a new report from NGO Instituto Escolhas.

In Bolivia’s Amazon, wildcat gold mining boom stokes tension over environment

Mining News Pro - In Bolivia’s Amazon tensions are rising over a boom in wildcat gold mining that is driving a surge in imports of mercury used to extract the precious metal and is sparking conflict between small-scale prospectors and local indigenous groups.

Consolidation in gold mining sector to continue

Mining News Pro - While organic growth in the mining industry has stagnated over the years, consolidation in the gold sector is still expected to continue as management teams look to grow their production profiles and replenish their project pipelines via the merger and acquisition (M&A) arena versus the riskier route of developing their own greenfield projects, says CreditSights in its latest gold mining sector outlook report.

Honduras orders Aura Minerals subsidiary to suspend gold mining at indigenous cemetery

Mining News Pro - Honduran authorities ordered a subsidiary of Canada’s Aura Minerals Inc to suspend open-pit gold mining on Wednesday at an indigenous cemetery site, drawing fierce opposition from residents, whose lawyer confirmed the suspension in a statement.

Gold mining firms should cooperate more with artisanal miners, WGC says

Mining News Pro - The World Gold Council (WGC) called for greater cooperation between large mining companies and artisanal miners and set out recommendations on Thursday to help bring small-scale miners into the market.

Gold mining stocks set for revival, Agnico chairman says

Mining News Pro - Gold mining stocks that have lagged bullion gains over the past year are set to move higher as the industry steps up dividends and buybacks, according to Agnico Eagle Mines Ltd. Executive Chairman Sean Boyd.

Highest levels of atmospheric mercury pollution now found in Amazon rainforest due to gold mining

Mining News Pro - After performing the first-ever measurement of terrestrial deposits of atmospheric methylmercury – the most toxic form of mercury – an international team of researchers found that the highest levels of atmospheric mercury pollution in the world are now found in pristine areas of the Amazonian rainforest.

Colombia to hold bidding round for gold mining areas in early 2022

Mining News Pro - Colombia will begin taking offers in its first bidding round for gold exploration contracts in early 2022, the head of the national mining agency said on Tuesday, as the Andean country continues efforts to diversify its mineral output.

South32’s Fraser takes gold mining CEO job

Mining News Pro - Mike Fraser, outgoing COO of ASX- and JSE-listed South32, has been appointed CEO of London-listed Chaarat – a gold mining company which operates in Armenia and Kyrgyzstan.

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.

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.

Egypt extends deadline for gold mining bid round

Mining News Pro - Egypt has extended by 60 days the deadline to participate in the latest international tender for exploration licenses as the North African country struggles with a second wave of the coronavirus pandemic, with new daily cases on the rise after experiencing a sharp decline in January.

Gold mining output growth to rebound in coming years

Mining News Pro - Global gold mine production growth will rebound in the coming years, underpinned by higher gold prices and mergers between large mining firms, says research firm Fitch Solutions Country Risk and Industry Research.

Horizon Minerals kicks off gold mining at Boorara

Mining News Pro - Horizon Minerals has mobilised its mining operations at the Boorara gold mine near Kalgoorlie-Boulder in Western Australia’s Goldfields region.

Venezuela allows gold mining in river basins

Mining News Pro - Following the late Hugo Chávez’s style, Nicolás Maduro makes a fuss on TV every time his government makes a decision, no matter how big or small.

Gold mining stocks on a tear

Mining News Pro - Gold gathered momentum on Thursday sending the shares of gold miners higher across the board.

Newmont Goldcorp is new name in gold mining

Mining News Pro - The merger of Newmont Mining and Goldcorp has closed, adding a new name among the ranks of large gold producers – Newmont Goldcorp Corporation.

77-year chart shows upswing in gold mining stocks have hardly begun

Mining News Pro - Gold was trading just shy of the $1,320 an ounce mark in overnight trade in New York on Thursday, a three-week high.

Pure Gold Mining completes PEA on satellite deposits at Madsen

Mining News Pro - Mining three satellite deposits that outcrop within one to three kilometres of the Madsen mill at its Madsen project in Red Lake, Ontario, would add roughly $51 million in after-tax net present value to the Madsen project, Pure Gold Mining reports.

Pure Gold Mining releases feasibility on Madsen in Red Lake

Mining News Pro - With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining’s Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.

The largest gold mining company in the world is created by the merger of two companies

Mining News Pro - Barrick Gold Mining Corporation is purchasing Ranggold`s stock, the $ 18.3 billion contract could be the largest gold mining company in the world.

A new global leader in gold mining emerges

Mining News Pro - Barrick Gold and Randgold Resources are set to deliver a shake-up to the gold mining industry by merging to create the world’s largest miner of the precious metal.

Gold Mining Group Retrenches Hundreds of Workers

Mining News Pro - HUNDREDS of Mazowe Mine employees have reportedly been rendered jobless after the company was put under care and maintenance.

Gold Mining Sector Facing Tough Headwinds - Banyan Hill Publishing

Mining News Pro - Rising energy, growing production costs and lower commodity prices will be major headwinds for the precious metals mining companies going forward, according to one sector analyst.

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