Category : Mining sector
April 10, 2018 - 8:23:25 AM
Gold miners sustaining costs up 22% since the gold price bottomed
Since the turnaround in the price of gold since Q1 2016 both sustaining and cash costs have risen with the former up a whopping 22%.
April 9, 2018 - 4:08:42 AM
Gold seen rising as Canadian miner eyes lack of exploration
Bullion prices are set to climb because there’s been a lack of exploration and the global industry isn’t replacing the reserves it’s been mining, according to Stephen Letwin, chief executive officer at Iamgold Corp.
March 27, 2018 - 6:37:32 AM
Lundin closes $400 million financing to complete Ecuador gold project
Canada’s Lundin Gold (TSX:LUG) has closed a $400-million financing that will help it complete the construction of its flagship Fruta del Norte gold project in Ecuador, expected to begin production in late 2019.
March 19, 2018 - 7:19:56 AM
Egypt’s sole gold-exporting mine reports high profits
For 2018, the company hopes to produce 580,000 ounces, up from an estimate of 550,000-560,000 ounces.
March 12, 2018 - 7:21:34 AM
One of Australia's largest gold mines halts operations after dam collapse
The Cadia gold mine stop producation after a dam collapse.