The S&P/TSX Composite Index fell 1.5% to close at 16,449.35. Spot gold finished the trading week at US$1,504 per oz., up US$8.10 per ounce (0.54%). The S&P/TSX Global Gold Index rose 1.7% to end at 245.80, the S&P/TSX Global Base Metals Index advanced 4.4% to 98.08, and the Global Mining Index fell 1% to 74.62.Shares of Detour Gold went up 68 ? (3.4%) to $20.89. The company announced on Sept. 25...Read More
The Dow Jones Industrial Average fell 0.9% to 26,573.70 and the S&P 500 Index fell 0.34% to 2,952. Spot gold finished the trading week at US$1,504 per oz., up US$8.10 per ounce. Shares of South Africa's Sibanye-Stillwater rose 80 ? (14.4%) to US$6.36. The mining company announced on Oct. 4 that it plans to acquire 100% of the share capital of Sibanye Gold as part of a restructuring after the compa...Read More
Eyeing its first major operations investment outside of Africa, platinum group metals (PGM) producer Impala Platinum Holdings has struck a friendly deal to buy Canadian pure-play palladium producer North American Palladium (TSX: PDL; US-OTC: PALDF) in an all-cash transaction valued at $1 billion.The proposed takeover gives Implats the Lac des ??les palladium mine, located 100 km northwest of Thund...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedThe future of mining is (still) peopleSPONSOREDproudfootSince early August, the price is down by almost another 40%, which means we have a company with a market capitalisation...Read More
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"The Best Explorer/Developer award sponsored by @AMCConsultantsare @GreatBearGBR !#GreatBearResources (TSX.V: GBR) is a Canadian gold exploration company focused on the #DixieProject, Red Lake, Ontario.#MJAwards"Read full newsRead More
According to the IMF, 90% of of the world is seeing slower growth, and while the fund was quick to blame Trump, the real culprit is China.Read full newsRead More
It will provide at least 61,200 tonnes of cobalt hydroxide, or about a quarter of its annual production, to the Chinese company.Read full newsRead More
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Armenian villagers are locked in what they say is a David-and-Goliath style battle for the environment and their livelihoods, standing guard around the clock to protect their land from a multinational mining company.Protesters say planned gold mining in the south will not only pollute drinking waterRead full newsRead More
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Around 20 people were killed in an attack on a gold mining site in northern Burkina Faso, security sources said Saturday, the latest in a spate of violence generally blamed on a jihadist insurgency."Armed individuals attacked the gold mining site at Dolmane... leaving around 20 dead, mainly goldRead full newsRead More
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The number of illegal miners killed in a gold mine collapse in the Democratic Republic of Congo rose to 22 on Thursday, the country's minister of social affairs told CNN.Read full newsRead More
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