Moderating U.S. inflation could end upreducing the amount of monetary tightening from the Federal Reserve, eventuallyunderpinning gold, says TD Securities. “Gold prices remain relativelyrange-bound as money managers weigh the prospect of future Fed hikes amid aweakish USD [U.S. dollar] and flattening yield curve, in combination with therecent waning of the safe-haven premium and strong produ...Read More
A strike has halted gold production at two mines in Mali run by Randgold Resources since Wednesday, two senior union officials told Reuters on Thursday.The strike at the company's Loulo and Gounkoto mines was related to the payment of bonuses and would continue until the issue was resolved, said Mamadou N'Daou, the administrative secretary of the industry and mines union SECNAMI.Randgold, which ow...Read More
A strike has halted gold production at two mines in Mali run by Randgold Resources since Wednesday, two senior union officials told Reuters on Thursday.The strike at the company's Loulo and Gounkoto mines was related to the payment of bonuses and would continue until the issue was resolved, said Mamadou N'Daou, the administrative secretary of the industry and mines union SECNAMI.Randgold, which ow...Read More
Mr. Chris Taylor reportsGREAT BEAR EXPANDS RED LAKE DRILLING TO 10,000 METRES AND ANNOUNCES PRIVATE PLACEMENTGreat Bear Resources Ltd. has expanded its continuing 3,000-metre drill program in the Red Lake district, Ontario, to 10,000 metres.Great Bear's president and chief executive officer Chris Taylor said: "We have completed eight of 12 planned drill holes, and are expanding our current work pr...Read More
Mr. Chris Taylor reportsGREAT BEAR EXPANDS RED LAKE DRILLING TO 10,000 METRES AND ANNOUNCES PRIVATE PLACEMENTGreat Bear Resources Ltd. has expanded its continuing 3,000-metre drill program in the Red Lake district, Ontario, to 10,000 metres.Great Bear's president and chief executive officer Chris Taylor said: "We have completed eight of 12 planned drill holes, and are expanding our current work pr...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 41.2 G/T AU OVER 3.5 METRES AT WINDFALLOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and ar...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 41.2 G/T AU OVER 3.5 METRES AT WINDFALLOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and ar...Read More
Anglo American's De Beers, the world's largest rough diamond producer by value, is stepping up efforts to remove so-called "conflict" precious stones from the market by launching a pilot program in Sierra Leone that will help trace the route gems dug up there by small miners.The trial, which aims at supplying retailers with "ethically-sourced" diamonds from artisanal miners based in the West Afr...Read More
Anglo American's De Beers, the world's largest rough diamond producer by value, is stepping up efforts to remove so-called "conflict" precious stones from the market by launching a pilot program in Sierra Leone that will help trace the route gems dug up there by small miners.The trial, which aims at supplying retailers with "ethically-sourced" diamonds from artisanal miners based in the West Afr...Read More
Anglo American's De Beers, the world's largest rough diamond producer by value, is stepping up efforts to remove so-called "conflict" precious stones from the market by launching a pilot program in Sierra Leone that will help trace the route gems dug up there by small miners.The trial, which aims at supplying retailers with "ethically-sourced" diamonds from artisanal miners based in the West Afr...Read More
* LME/ShFE arb: (Adds official midday prices, details)By Maytaal AngelLONDON, April 19 (Reuters) - Nickel soared 9 percent to athree-year high on Thursday, extending the previous session'sblistering rally on fears the metal could become ensnared inU.S. sanctions on Russian firms, although analysts say gainscould be short-lived.The United States last week slapped sanctions on majorRussian aluminium...Read More
* Silver hits 2-1/2-month high * Spot gold faces resistance at $1,356/oz -technicals * Higher base metal prices could boost inflation -analysts (Updates prices; adds comment, second byline, NEW YORKdateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, April 19 (Reuters) - Gold prices dipped onThursday, breaking a string of gains for four successivesessions, in response to a decline in global...Read More
The answer isn't as simple as you may think if you look at the big picture gold plays in the investing world.Read full newsRead More
Tanzanian President John Magufuli on Wednesday appointed a chairman and commissioners for the country's new mining commission, paving the way for the issuance of new mining licences.Read full newsRead More
The answer isn't as simple as you may think if you look at the big picture gold plays in the investing world.Read full newsRead More
Gold stocks are percolating. And while much work remains before their long-term technicals turn bullish, the whole sector could be worth a trade here.Read full newsRead More
Gold stocks are percolating. And while much work remains before their long-term technicals turn bullish, the whole sector could be worth a trade here.Read full newsRead More
Acacia Mining (LON:ACA), Tanzania's No.1 gold producer, revealed Thursday that revenue in the first quarter of the year had slumped almost 50% after reduced operations at its flagship Bulyanhulu gold mine continued to drag sales down.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said production dropped 45% to 120,981 ounces in the first three months of 2018 when compared to...Read More
Acacia Mining (LON:ACA), Tanzania's No.1 gold producer, revealed Thursday that revenue in the first quarter of the year had slumped almost 50% after reduced operations at its flagship Bulyanhulu gold mine continued to drag sales down.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said production dropped 45% to 120,981 ounces in the first three months of 2018 when compared to...Read More
Acacia Mining (LON:ACA), Tanzania's No.1 gold producer, revealed Thursday that revenue in the first quarter of the year had slumped almost 50% after reduced operations at its flagship Bulyanhulu gold mine continued to drag sales down.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said production dropped 45% to 120,981 ounces in the first three months of 2018 when compared to...Read More