Barrick bets big on Pakistan with $7 billion copper mine project
Barrick Gold Corp.’s first crack at building a copper mine in Pakistan was thwarted when the government denied it permits. A decade...
Kinross Gold sells Russian assets to Highland for $680 million
Kinross Gold (TSX: G) (NYSE: KGC) is selling its Russian assets to Highland Gold Mining for a total of $680 million in cash, the Canadian...
Gold price falls 1% as higher dollar, yields curtail safe haven demand
Gold prices slumped on Monday as both the US dollar and Treasury yields strengthened, sapping demand for the safe haven asset after last...
Potential Russian oil ban pushes gold price above $2,000
Gold extended its biggest weekly advance since July 2020 amid reports of the US and its allies contemplating an embargo of Russian oil,...
Centerra Gold, Kyrgyzstan close to Kumtor out-of-court deal
Kyrgyzstan and Canada’s Centerra Gold (TSX: CG) are close to settling a dispute triggered by the state expropriation of the company’s...
Financial spillover effect more intense between gold, silver
In a new paper published in the journal Applied Economics, an international team of researchers analyzed the portfolio risk...
Gold Dealmaking Is Set to Take Off Along With Prices, Gold Royalty’s Garofalo Says
A senior gold-mining executive sees the potential for a record year of mergers and acquisitions as companies turn to deals to prop up...
Barrick’s Q4 gold output rises 10% sequentially
Canadian miner Barrick Gold Corp said on Wednesday its fourth-quarter production rose 10% sequentially, helped by strong performance from...
Goldman bullish on commodities, seeing years-long supercycle
Goldman Sachs Group Inc. is “extremely bullish” on commodities, amid a supercycle that has the potential to last for a decade, according...
Peru extends small-scale miners’ legalization process to 2024
Following a series of meetings between representatives of Peru’s executive and legislative powers and the small-scale mining sector, the...