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| Rand Recovery Punishes South Africa’s Aging, Costly Gold Mines |
A year ago, South Africa’s biggest gold producer was churning cash, sizing up acquisitions and plotting expansion projects. Today, Sibanye Gold Ltd. is making losses and shutting mines. The main difference between then and now? A big rebound in the rand.
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| Mining for gold, she found a diamond. Her reaction? ‘Oh, my god’ |
A California woman says she found a 1½ carat diamond while mining gold near the Sierra Nevada foothills town of Foresthill. “I was like ‘Oh, my god, I found a diamond,’ ” said Jillian Kelly. Kelly, 49, left her Silicon Valley career to take up ...
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| Better Buy: Hecla Mining Company vs. Royal Gold, Inc |
One of the first reasons I'd pick Royal Gold over Hecla is diversification. Hecla's 100-year history is impressive, but the company currently has just four operating mines. There are two in the United States and then one each in Canada and Mexico.
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| Pretium's High-Grade Brucejack Gold Mine: So Far So Good |
Pretium's Brucejack mine entered commercial production and produced 25,392 toz gold. The plant was operating almost at 100% of its nameplate capacity in July. The majority of gold was produced from low-grade stockpiles, however, the low-grade material is ...
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| Is the Next Gold Mine in Bulgaria? |
Velocity Minerals Ltd. (VLC:TSX.V), one of the first movers for gold in Bulgaria, has entered into option agreements with Gorbuso-Kardzhali A.D., a private Bulgarian mining company, to earn 50% of the Ekuzya project and 70% of the Rozino project.
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| EPA chief Scott Pruitt right to pursue funds for Gold King Mine victims |
Scott Pruitt, head of the Environmental Protection Agency, is doing the right thing in his efforts to make whole the victims of the Gold King Mine spill that spewed 3 million of gallons of toxic water into the Animas River and downstream to New Mexico.
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| Pure Gold Reports First Quarter Financial Results |
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2017) - Pure Gold Mining Inc. (TSX VENTURE:PGM) ("Pure Gold" or the "Company") is pleased to announce financial results and operating highlights for the three months ended June 30, 2017, as well as an ...
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| Lawmaker wants to shrink Castle Mountains monument to make more room for a gold mine |
Lawmaker wants to shrink Castle Mountains monument to make more room for a gold mine Rep. Paul Cook wants Trump to shrink California's Castle Mountains National Monument to carve out more space for a gold mine. Check out this story on desertsun.com: http ...
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| Proactive weekly mining highlights - Bezant Resources, Greatland Gold, Thor Mining and more |
A busy week for the smallcap mining sector.. Shares in Bezant Resources plc (LON:BZT) zipped higher after the junior miner confirmed it had achieved the first commercial gold and platinum production at its Choco project in Colombia. The milestone has been ...
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| AngloGold Ashanti revives plans to spin off SA mines – sources |
AngloGold and Deutsche Bank declined to comment. The miner is looking at listing its international assets, which include gold mines in Western Australia and Brazil, in London, while the South African assets, some of which will be sold as part of the plan ...
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| Disaster looms at deserted Mashava gold mines |
ADULTS and small children, some as young as four, form a beeline as they take turns to go deep into a disused gold mining shaft, from which they come out dangerously balancing bucket loads of mud, with their clothes water-soaked. Although these villagers ...
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| Gold mine in Croy Canyon shut down |
BLM officials closed down a gold mining operation about seven miles west of Hailey in Croy Canyon after it was discovered that the miners had gone to work with an incomplete plan of operations application for a mining permit at the site. Two hikers were ...
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| Blind Creek Commences Exploration Program at Engineer Gold Mine |
VANCOUVER, Aug. 17, 2017 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. ("Blind Creek" or the "Company") is pleased to announce that an exploration program has commenced at the Company's 100% owned and fully-permitted Engineer Gold Mine Property ...
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| Evolution Mining: Gold Miner Rallies 6% After Dividend Hike |
Australian gold miner Evolution Mining (EVN.AU) is one of the best performers in the S&P/ASX200 Index after lifting its dividend payout. The stock is up 6% in afternoon trading after the miner announced it would lift its dividend payout ratio to 50% from 40%.
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| Kinross Gold Inc. Donates Former Mineral Hill Mine to Trout Unlimited, Rocky Mountain Elk Foundation |
Trout Unlimited and the Rocky Mountain Elk Foundation have reached a conservation easement agreement for 549 acres just outside Yellowstone. According to an Elk Foundation press release, the organizations reached this agreement with Kinross Gold U.S.A ...
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