To save your Watchlist, log in to Mineweb.com. You may proceed without logging in but all changes will be saved to cookies - this may only last for one browsing session depending on your device settings.
The cancelled licences include a range of permits covering a surface area of about 13,000 sq km (5,000 square miles), but do not involve mines already in production.
Julian Phillips of the Gold Forecaster also sees a big move on the horizon for the price of gold.
Gold production totalled 711,900 ounces, 8 percent higher than a year earlier.
The Toronto-based gold and copper miner reported second-quarter 2014 production of 331,765 gold equivalent ounces.
Kinross has maintained its 2014 operation guidance as well as ASIC guidance of $950-$1050 per GEO, along with capex and exploration budgets.
Barrick has lowered 2014 cost guidance and reduced its capex budget by $200 million, while maintaining its original gold and copper production forecast.
Ralph Aldis, portfolio manager with U.S. Global Investors, urges investors not to get married to their stocks in this interview with The Gold Report.
The Stanford team thinks it has solved problems in lithium anode design with a protective layer of tiny carbon domes.
Geopolitical events, particularly in Ukraine, are overtaking us as rhetoric, and sanctions, escalate. Russia believes in gold and has been buying. Should we in the West be doing so too?
Julian Phillips of the Gold Forecaster chimes in on deflation in the Eurozone in his regular gold price update.
Minera IRL has agreed to sell its remaining stake in the Don Nicolas gold/silver mine in Argentina to its JV partner.
The government of Suriname has the option to earn a 25% fully-funded equity ownership stake in Newmont’s Merian gold mine project.
Newmont has declared a third-quarter dividend of $0.025 per share in accordance with its gold price-linked dividend policy.
Lower gold prices among factors that force a $32 million loss for Centerra.
The company, which is also developing the Ghaghoo mine in Botswana, said revenue from Letseng grew to $147.8 million in the six months ended June 30.
'We continue to believe the best strategy for seniors is to acquire targets today for heavily discounted prices to NAV,' Cowen analyst Adam Graf says.
Julian Phillips of the Gold Forecaster sees gold gathering up a little, with possible moves higher on short selling, forthcoming news.
'While cyclical recovery tends to see rising commodity demand, prices will likely largely be determined by more structural supply factors,' Goldman analysts say.
It's the lazy days of summer and Paul Renken, senior geologist and analyst with VSA Capital, is bottom-fishing. He explains his views of the market in the interview with The Gold Report.
One analyst contends Fed actions are baked into the gold price and to move it, U.S. economic data may be the catalysts.
Grupo Mexico’s Americas Mining division reports significant progress on its US$3.4 billion investment program at Mexico’s Buenavista mine, which will increase copper production capacity by 175%.
The dwindling ranks of geosciences professionals has impaired mining companies’ ability to quickly respond to surges in precious metals prices.
"Where I’m focused is to get those costs down, and get the tons up, as Lihir has a lot of potential," Newcrest CEO says.
TCSA is the fifth-largest coal producer in South Africa and the majority of its output is exported to Asian markets such as India and China.
New rules cap deposits for gold retailers, and limit interest rates.
Julian Phillips of the Gold Forecaster sees potential for some gains in the gold price.
The latest progress report on Randgold’s Tongon gold mine in Cote d’Ivoire shows that the operation is making great progress in addressing the technical issues which have caused it to underperform.
The latest net gold import figures into mainland China from Hong Kong show a huge fall year on year, but although this indeed indicates a definite downwards trend, all may not be as it seems.
A serious discrepancy emerges at Rand Refinery, with Rand Refinery's customers agreeing to lend it money given an eye-popping accounting issue.
Thank you for visiting Mineweb.com. We are conducting a quick three minute survey to help better understand our visitors. All responses are anonymous and for research purposes only.