Wednesday, May 22nd 02:43 PM

Deep sea test drilling in country's exclusive economic zone for seafloor massive sulphides (SMS) is likely to begin in the next few years to see the level of minerals…..Continue

OceanaGold starts commercial Gold production in the Philippines

  • The miner declared it's first commercial production from the Didipio gold mine in the Philippines.

Klondex discovers visible Gold mineralization

  • Fire Creek is a gold mining prospect located in North Central Nevada, near power, transportation, mining infrastructure and several milling facilities.

Zijin to bid for Barrick Gold mines through Norton

  • Zijin said it will opt through Norton Gold Fields, which is 89 per cent-owned by Zijin.However, Barrick Gold didn't made any comments on the news so far.

Ghana to fix mining tax on global Gold movements

  • Ghana's mining industry continues as the leading attractor of foreign direct investment in the country and has employed over 21,239 people

Goldcorp Q1 revenue hits $1 billion

  • Reported net earnings were$309 million compared to $479million in the first quarter of 2012. Adjusted operating cashflow1,3was$400 million.

Newmont profit drops on lower Gold output

  • Newmont, the world's second-biggest gold producer after Barrick Gold Corp has struggled in recent quarters with lower production and higher costs.

Rio Tinto officially opens new Argyle underground Diamond mine

  • The average annual production over the life of the underground mine is likely to be 20 million carats per year.The US$2.2 billion underground mine uses the latest in block caving technology and is the first of its kind in Western Australia. .

Ghana admits 95% of small-scale mining illegal

  • According to Ghana's small-scale mining industry, 23% of country's production came from small-scale mining.

Golden Rim begins 4000m drilling program in Burkina Faso

  • The drilling program will comprise approximately 26 RC drill holes with an average depth of 150m per hole.

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