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Metals / Gold

Gold Soars Above $2,000 On Pandemic Fears

Aug 04, 2020 at 17:36 | MINING.com

Gold’s mega rally took another upturn on Tuesday as it surpassed another major hurdle at $2,000 per ounce. Spot gold advanced 1.4% to $2,004.97 per ounce by 3:20 p.m. EDT,…

Gold Prices See Best Month In 8 Years

Jul 31, 2020 at 17:45 | MINING.com

Gold prices edged higher on Friday as the worsening covid-19 pandemic continues to stifle the global economy. Spot gold rose 11% for the month of July,…

Oil Prices Range Bound As Pipelines Come Under Pressure

Jul 07, 2020 at 12:47 | Tom Kool

US oil and gas pipelines have hit yet another snag, leaving crude prices in limbo for the time being. 

Do Gold Stocks Still Have Upside?

Jun 26, 2020 at 17:20 | Safehaven.com

Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks’ upleg stalling out since, have left…

Did These Mining Giants Just Confirm The Next Gold Frontier?

Oct 23, 2017 at 10:40 | Dave Forest

Breakthrough deal in the Tanzania gold sector late last week. With major miner Barrick agreeing to pay the government $300 million and surrender a 16 percent stake in operations in order…

Can Mali Maintain Its Gold Mining Status?

Oct 04, 2017 at 13:51 | Joao Peixe

Mali’s gold exports are falling, and new discoveries aren’t enough to make up for the loss of its giant legacy mines, where production is already dead or winding down, and…

Expect Mine Closures In This Key Gold Mining Nation

Sep 13, 2017 at 11:49 | Dave Forest

I wrote yesterday about the collapse of mining in key African gold nation Tanzania. And today, emerging news shows another major gold producer entering crisis. South Africa. The dire warning on…

This Key Gold Producer Sees Its Production Slump

Aug 16, 2017 at 12:03 | Dave Forest

The gold price has been showing strength this past week. Once again pushing toward $1,300 per ounce.  And news from one of the world’s key producing countries may help support…

The Government Just Killed The Mining Sector In This Critical Gold Nation

Jul 06, 2017 at 09:41 | Dave Forest

The Philippines government said this week it is trying to repair its damaged mining sector. With officials stating they will review all policies implemented by former environment secretary Regina Lopez…

Experts: Expect A Wipeout For South African Miners

Jun 26, 2017 at 10:01 | Dave Forest

Lots of updates this week to recent stories. With Glencore upping a bid for Rio Tinto’s Australia coal assets, and Tanzanian police arresting dozens after villagers stormed gold mines…

The Worst Mining Nation On The Planet?

Jun 19, 2017 at 11:02 | Dave Forest

Further to the last item above, things are looking ever-tougher for the South African mining sector. As I’ve discussed in the past, the fall of South Africa over the last…

India’s Gold Demand Booms Ahead Of Regulation Shakeup

Jun 14, 2017 at 10:15 | Dave Forest

Key Africa gold nation Tanzania stepped up its fight against miners this week. Accusing Barrick Gold-backed Acacia Mining of operating illegally in the country — as well as…

These Secret E-mails Signal Big Problems For South Africa Mining

Jun 01, 2017 at 10:12 | Dave Forest

I’ve been writing a lot the last several months about the new South Africa mining charter. And this week, that issue is coming to a head — just as some…

Tanzania Wages War Against Gold Miners

May 30, 2017 at 12:22 | Dave Forest

Things are getting serious in one of Africa’s top gold nations. With the national government stepping up a fight that’s already cost local miners billions in market valuation. The place…

Gold Demand Could Plunge As India Considers New Tax Policy

May 29, 2017 at 10:51 | Dave Forest

It’s been a solid year for gold buying in India. With demand in the world’s top-consuming nation rebounding after a series of political setbacks in 2016. But reports this past…

What’s Behind This Sudden Drop In China’s Gold Production?

May 01, 2017 at 10:38 | Dave Forest

I wrote a few weeks ago about the lack of knowledge around China’s gold mining sector. But this past week, a new report from within the country provided a…

This South African Gold Miner Just Declared War On Illegal Miners

Apr 25, 2017 at 09:48 | Dave Forest

Small-scale mining is a growing issue across Africa. With regulators in Ghana this week making their first moves to shut down artisanal operations — part of an emerging campaign…

Did Africa's #2 Gold Nation Just Suspend All Mining Projects?

Apr 19, 2017 at 10:08 | Dave Forest

Potentially major development in the gold space this week. With one of the world’s go-to producing nations apparently going through a regulatory upheaval — which could affect new projects and…

Gold Prices Rise As Demand In This No.1 Gold Market Soars

Apr 17, 2017 at 10:38 | Dave Forest

Sentiment has turned up in the gold market the last few weeks. And new data from the world’s top consuming center — India — shows there may indeed be cause…

Is This The Biggest Gold Deposit Ever Found In China?

Mar 31, 2017 at 10:55 | Dave Forest

Mining analysts MinEx Consulting released an interesting study on global exploration last week. Showing that China is by far the world’s largest spender on mineral exploration — but that discoveries…

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