Metals Creek inks option for Dona Lake Mine from Newmont Goldcorp, stock jumps

The acquired company holds or has rights to a title package comprised of mining concession agreements covering approximately 35,747 hectares of land.

The new government intends to look into establishing a mining tax and analyzing the possibility of taxing capital gains from the sale of mining rights.

Buenaventura said that it was forced to fire some workers because gold and silver reserves at Orcopampa have gone down and so has production.

Australian experts are paying attention to low-impact exploration tools.

The company will focus on the Wedge, Fork, and Russet South satellite deposits with the object of converting and growing mineral resources used in the recently released preliminary economic assessment (PEA).

The mine, near Rankin Inlet in Nunavut, is expected to produce about 230,000 ounces of gold this year at total cash costs of $612 per oz.

Fidelity International said the bid was around 50% too low.

Gold price jumps on safe haven demand amid trade war, but main trigger for extended rally will be declines on US equity markets, says new report.

Gold premiums in top consumer China rose this week as investors bought the metal as a safe-haven due to rising trade tensions with the United States.