Mali seeks US$500M from Barrick for past taxes, dividends: Reuters
Authorities in Mali briefly detained four Malian staff members working for Barrick last month.
Precious Metals
JV Video: First Majestic’s new mint takes silver from mine to money, executive says
First Majestic Silver’s (TSX: AG; NYSE: AG) new mint in Las Vegas began production last month, completing the company’s vertical integration, vice-president for corporate development Mani Alkhafaji said in an…
Burkina Faso ruler threatens gold licences, but Endeavour downplays comments
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and West African Resources (ASX: WAF) say their operations in Burkina Faso are unaffected after the country’s president said some mining licences may…
US GoldMining stock soars after it doubles Whistler resource
U.S. GoldMining (NASDAQ: USGO) shares jumped more than 36% on Monday to a new 12-month high at US$14.10 after the company doubled the resource at its Whistler gold-silver-copper project in…
Video: WGC on analysts’ US$3,000 per oz gold call as investors flood in
Gold could reach US$3,000 per oz. in weeks after rate cuts lowered the opportunity cost of holding it, driving speculative and institutional inflows, World Gold Council senior market strategist Joseph…
New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…
JV Video: Torex Gold’s Media Luna on track for year-end production, CEO says
Mexico-focused Torex Gold Resources (TSX: TXG) is nearing looking forward to first production at its US$950-million underground Media Luna mine by December, president and CEO Jody Kuzenko said in an…
Coeur Mining to buy Silvercrest in US$1.7B deal
Coeur Mining (NYSE: CDE) has reached an agreement to acquire Canadian precious metals producer Silvercrest Metals (TSX: SIL; NYSE: SILV) in an all-share deal valued at US$1.7 billion. The addition…
Video: Evolution’s Red Lake turnaround confirms it as cornerstone asset, CEO says
Australia-based Evolution Mining’s (ASX: EVN) Red Lake mine in Ontario, acquired in 2020, has shown signs of recovery after a difficult period, managing director and CEO Lawrie Conway said in…
Gold majors vow not to repeat decadent spending of a decade ago
As gold prices hit record highs, industry executives are hoping they can convince investors – who haven’t yet piled into gold mining stocks – that they’ll put their cash to…
Central banks reined in gold purchases in August as prices climbed — WGC
Central banks are still buying gold, but they’ve pared back their purchases since highs reached last year — possibly because of the recent surge in gold prices, the World Gold…
Costco adds platinum bars to precious metals offering
Costco is expanding its line of precious metals products with the addition of one-ounce platinum bars on top of its popular gold bars. The platinum bars — made by Swiss…