A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s momentum has begun to stall….
Gold closed Friday at US$1,293.40 per oz., up US$18.50 per ounce. The Philadelphia Gold and Silver Index rose 0.35% to 80.88 while the Dow Jones Industrial Average slipped 0.27% to…
Lucara Diamond (TSX: LUC) has sold the 1,109-carat Lesedi La Rona stone recovered from its Karowe mine for US$53 million, or US$47,777 per carat. The sale, made to British jeweller…
Asanko Gold (TSX: AKG; NYSE-AM: AKG) is not going to meet its 2018 production guidance at its gold mine in Ghana, the company disclosed in a recent site visit presentation….
Canada’s benchmark index rose 0.42% to finish the trading week at 16,020.16. The S&P/TSX Gold Mining Index and the S&P/TSX Global Gold Index posted incremental gains, rising 0.42% to 68.01…
ABU HAMAD, SUDAN — It’s easy to tell when and where it last rained in the Nubian Desert. Grass sprouts up within a couple days and lasts as long as…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has proposed a framework to resolve a three-month dispute with the government of Tanzania. It appears that management at Acacia Mining (LON: ACA),…
Gold closed at US$1,280 per oz., down US$23.30 per ounce. The Philadelphia Gold and Silver Index dropped 2.61% to 85.01, while the Dow Jones Industrial Average stayed strong, rising 2%…
The U.S. Securities and Exchange Commission (SEC) has charged Rio Tinto (NYSE: RIO; LON: RIO) and two of its former executives with fraud for inflating the value of coal assets…
This week we’ve got a geological bonanza, as Lesley chats with Hartwig Frimmel about the genesis of the Witwatersrand (Wits) gold deposit in South Africa. The geological anomaly has received…
SUDBURY, ONTARIO – The optics are rarely very good when a major pulls out of a joint-venture project with a junior company. In the case of River Valley in northwestern…
B2Gold (TSX: BTO; NYSE: BTG) says it has started processing ore at its Fekola gold mine in southwestern Mali, and will reach commercial production before year-end. The mid-tier miner already…
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