Newcrest quarterly output drops almost 17%
Newcrest Mining (ASX: NCM) on Thursday reported a nearly 17% fall in third-quarter gold production, hurt by lower output at its Cadia and...
Silvercorp to buy Guyana Goldfields in $75m deal
Canada’s Silvercorp Metals (TSX, NYSE: SVM) is buying Guyana Goldfields (TSX: GUY) in a C$105 million ($75m) cash and stock deal that...
Six workers at Fortuna Silver Mines’ Peruvian operation test positive for covid-19
Six workers at Fortuna Silver Mines’ (NYSE: FSM) Caylloma operation in southern Peru tested positive for covid-19 and have been isolated...
Gold price to surge past $3,000 says Bank of America
The gold price fell back on Tuesday as investors take profits on the best performing financial asset of 2020 — and turmoil on commodity...
Newmont says gold could top $2,000 on stimulus
Gold could top $2,000 an ounce and will remain elevated over the next five years as the global economy contends with the impact of the...
Yamana to sell Equinox Gold shares, warrants
Canada’s Yamana Gold (TSE:YRI) (NYSE:AUY) announced on Monday it would sell shares and warrants in smaller producer Equinox Gold for...
Gold ETFs hit record high in Q1
Global gold-backed exchange-traded funds (ETFs) had $23 billion, or 298 tonnes of net inflows in Q1 2020 – the highest quarterly amount...
First Quantum halts Cobre Panama over covid-19 death
First Quantum Minerals (TSX: FM) announced Tuesday that the company has received an order from the Ministry of Health of the Republic of...
Barrick exec sells $50m stake
Barrick Gold (NYSE:GOLD, TSX:ABX) announced Wednesday that executive chairman John Thornton sold 2,632,153 shares in the company, worth...
Glencore postpones dividend payment decision
Miner and commodities trader Glencore (LON: GLEN) has deferred making a decision on whether to go ahead with the proposed 2020 cash...