Gold

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Bullion prices are at their highest in seven years, closing in on $1,600 an ounce. Gold held by exchange-traded funds is at all-time records and rising, thanks to worries over the economic damage inflicted by the coronavirus outbreak. Reserves, meanwhile, are depleting. It’s a heady mixture for miners, but perhaps not yet an intoxicating one.
News ID: 8460    Publish Date : 2020/02/18

Anglo Gold Ashanti Ltd., a company that emerged from the South African mining empire created by Ernest Oppenheimer, is pivoting toward the Americas to develop more profitable assets.
News ID: 8402    Publish Date : 2020/02/06

And although the broad commodity market finished up 17.6% on the year, the performances of individual commodities were all over the map. For those familiar with the sector, that’s pretty much par for the course.
News ID: 8312    Publish Date : 2020/01/13

Tailings dams are the most common waste disposal methods for mining companies, whether they’re extracting iron ore, gold or copper.
News ID: 8304    Publish Date : 2020/01/17

It’s time for some 2020 foresight in raw materials. After commodities posted a 10% advance last year, how will crude to coffee fare in the months to come? The first What to Watch of the new year presents an overview of what to expect and it’s a mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more.
News ID: 8294    Publish Date : 2020/01/06

According to a recent report, Vedanta’s Lanjigarh alumina refinery has won a prestigious Gold award under the Metals Sector at Frost & Sullivan’s India Manufacturing Excellence Awards 2019.
News ID: 8155    Publish Date : 2019/12/30

The US dollar was traded above the psychological level of 130,000 rials on Saturday and was worth 132,000 rials in Tehran’s open market -- the highest in the past five months.
News ID: 7815    Publish Date : 2019/12/07

Zijin Mining, one of China’s biggest gold producers, said on Monday it would buy partner Freeport McMoran Inc’s copper-gold assets in Serbia for up to $390 million, substantially boosting its resources of both metals.
News ID: 7153    Publish Date : 2019/11/05

Jewellers and retail consumers boosted gold demand in India this week as they stepped up purchases for the festivals of Dhanteras and Diwali, while higher prices dimmed activity in other Asian hubs.
News ID: 7016    Publish Date : 2019/10/25

Pakistan’s top business tycoons have offered to take over a disputed copper and gold deposit that was once explored by Barrick Gold Corp. and Antofagasta Plc, according to people familiar with the matter.
News ID: 6980    Publish Date : 2019/10/26

Based in Rouyn-Noranda, Quebec, Granada Gold Mine has shared the first results from the current drill program at its 100% owned Granada gold deposit in the same town. Hole GR-19-E cut 2.0 metres of 12.32 g/t gold, including 48.8 g/t over 0.5 metre. Coarse, native gold was seen in the core. More assays are pending.
News ID: 6777    Publish Date : 2019/10/15

Westhaven Ventures of Vancouver has not only extended the Vein zone but drilled bonanza grades at its Shovelnose gold property 30 km south of Merritt, British Columbia.
News ID: 6773    Publish Date : 2019/10/16

Vancouver-based Go Metals has identified several untested iron oxide-copper-gold targets at its 100% owned Monster property in the Dawson mining district.
News ID: 6768    Publish Date : 2019/10/09

Australia’s Newcrest Mining Ltd, the country’s biggest gold producer, said on Tuesday it will go ahead with a $685 million first-stage expansion of its flagship Cadia mine in New South Wales.
News ID: 6758    Publish Date : 2019/10/14

Ivanhoe Mines’ (TSX: IVN) co-chairmen Robert Friedland and Yufeng “Miles” Sun issued a communiqué this week stating that recent increases in the price of palladium, nickel, rhodium and gold have resulted in the weighted price of the ‘basket’ of metals contained in the ore at the company’s Platreef project to rise to a new, multi-year high.
News ID: 6755    Publish Date : 2019/10/20

Pacton Gold (TSXV: PAC) announced Wednesday that it has received an exploration drilling permit for the Red Lake gold project from the Ontario Ministry of Northern Development and Mines.
News ID: 6220    Publish Date : 2019/08/28

Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers or warlords.
News ID: 6219    Publish Date : 2019/08/28

Desert Gold Ventures (TSXV: DAU) closed this week the acquisition of Ashanti Gold Corp (TSX-V: AGZ), a move that caused the Canadian company’s stock to jump 7.5% in the past five days.
News ID: 6142    Publish Date : 2019/08/24

Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices – he pawned his wife’s gold jewellery.
News ID: 6120    Publish Date : 2019/08/22

Embattled Acacia Mining (LON:ACA), Tanzania’s top bullion producer, has resumed exports from its largest mine in the country, but noted that ore processing is now officially halted, as a ban issued by the government last month has come into effect.
News ID: 6023    Publish Date : 2019/08/18

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