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CHART: Gold price suffers biggest fall in six years

6 September 2019 - 19:44
The gold price plunged in early morning trade on Thursday, in one of the worst trading sessions in dollar terms in gold market history.

Eldorado finds first Canadian mine may be richer than thought

5 September 2019 - 20:12
Canadian bullion producer Eldorado Gold (TSX:ELD)(NYSE:EGO) said on Thursday that exploration carried out at its Quebec’s Lamaque mine so far this year revealed high grade mineralization beyond the 2018 resource model in the lower portion of the deposit, as well as more ore clusters.

Greece grants Eldorado permits for gold project

4 September 2019 - 19:25
Eldorado Gold (NYSE: EGO) confirmed on Tuesday that it has recieved installation permits for its Skouries project and its Olympias mine from the Greek Ministry of Energy and Environment.

Canada’s Teranga kicks off production at Burkina Faso gold mine

4 September 2019 - 19:17
Canada’s Teranga Gold has kicked off production at its Wahgnion gold mine, in Burkina Faso, ahead of schedule, TSX-listed Teranga Gold announced on Wednesday.

Gold ETF inflows top 100 tonnes in August as havens triumph

3 September 2019 - 15:57
Investors are going for gold in a big way. Inflows into bullion-backed exchange-traded funds topped 100 tons in August to hit the highest since February 2013 as the trade war worsened, risk assets took a knock, and central banks signaled looser monetary policy.

Amazon gold and army suspicion fuel Bolsonaro’s rainforest rage

29 August 2019 - 18:25
Among the tens of thousands of Brazilians who descended on the Amazonian goldmine of Serra Pelada in the 1980s was Percy Geraldo Bolsonaro, father of the current president, Jair Bolsonaro.

Pacton Gold obtains drilling permit for Red Lake

28 August 2019 - 22:50
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.

Fake-branded bars slip dirty gold into world markets

28 August 2019 - 22:45
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.

Scotland’s first commercial gold mine to open in early 2020

28 August 2019 - 22:37
Scotgold Resources (LON: SGZ), the company aiming at opening Scotland’s first commercial gold and silver mine, has moved the beginning of commercial production to February 2020 from December this year, as process plant building and associated civil earthworks at Cononish are behind schedule.

Lydian’s gold project in Armenia faces yet another environmental review

26 August 2019 - 23:51
Lydian International’s (TSX:LYD) Amulsar gold project in Armenia may have to go through a fourth environmental review in less than a year after the country’s prime minister, Nikol Pashinyan, asked the environment authority to study the conclusions of a third-party audit published last week.
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