August 7, 2023

Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yen

Net profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.

August 6, 2023

Peru’s coffers get $600,000 following approval of mining-related permits

Teck tops the list of approvals after receiving a rubber stamp on the detailed environmental impact assessment and the confirmation of its surface rights for its Zafranal copper project.

August 5, 2023

World Gold Council: What drives the shiny metal’s price?

Is gold an inflation hedge?

August 4, 2023

Venezuela’s gold reserves fall nearly 12% in six months

A share of the central bank's reserves have been in dispute in London courts.

August 4, 2023

Lundin’s Fruta del Norte drilling could ‘open doors’ to resource growth

Largest drill program since 2007 in the FDN district in southeast Ecuador has confirmed the continuity and expansion potential of recent discoveries Bonza Sur and FDNS.

August 4, 2023

Gold investors vanish

Gold investors have vanished, at least American stock-market ones.

August 4, 2023

Why the gold price struggles to stay above $2,000

"That $2,000 point, and those technicals, they start to impact some areas of demand for gold," says WGC strategist Joe Cavatoni.

August 4, 2023

AngloGold Ashanti first-half profit falls 54% as costs surge

Half-year profit declined 54% mainly due to higher costs and mandatory environmental provisions in Brazil.

August 4, 2023

Barrick plans to restart Porgera gold mine this year

The mine was placed on care and maintenance in April 2020.

August 4, 2023

Philippines’ Tampakan copper-gold mine may begin operations in 2026

Regulatory concerns over the project have been reduced to almost zero, CEO said.