Macron looks to regulate illegal gold mining in French Guiana
French President Emmanuel Macron said on Monday the government is seeking to designate new regulated gold mining zones in its South American territory of French Guiana to combat illegal mining and its environmental consequences.
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Mali gold mining revenue rose by 35% in 2022
Mining News Pro - State revenue from gold mining companies in Mali rose 35% year on year in 2022 to a record 763.7 billion CFA francs ($1.3 billion) due to increased tax revenues, a mines ministry official said on Wednesday.
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New tool could help Brazil’s crack down on illegal gold mining
Mining News Pro - Brazilian gold aggregator Fênix DTVM and Minespider, which runs a traceability platform for tracking down the precious metal through the supply chain, completed this week the first stage of a project that aims to make Brazil’s gold sector transparent.
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New tool could help Brazil’s crack down on illegal gold mining
Mining News Pro - Brazilian gold aggregator Fênix DTVM and Minespider, which runs a traceability platform for tracking down the precious metal through the supply chain, completed this week the first stage of a project that aims to make Brazil’s gold sector transparent.
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Visit: 212
Three British Columbia residents fined $700,000 for role in gold mining Ponzi scheme
Mining News Pro - The BC Securities Commission (BCSC) has handed out C$956,000 (about $700,000) in penalties to three local residents for their involvement in what it calls “an elaborate fraud” that promised investors large returns on non-existent gold mining operations in Africa and Brazil.
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Maduro exhorts Venezuelan army to combat environmental destruction caused by illegal gold mining
Mining News Pro - Venezuela’s head of state Nicolás Maduro publicly asked the Operational Strategic Commander of the Bolivarian National Armed Forces (Fanb) to ramp up efforts against illegal gold mining in the southeastern Amazonas and Bolívar states.
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World Gold Council Report
Climate Change Adaptation and Resilience Strategies for the Gold Mining Industry
Mining News Pro -The World Gold Council’s ‘Gold and climate change: Adaptation and resilience’ report identifies the key physical climate-related vulnerabilities of the gold mining industry and outlines a range of adaptation strategies to support the industry in managing the associated risks
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Visit: 307
Mining News Falling head grades put pressure on gold mining industry
Mining News Pro - The consultancy explained that typically, low-grade materials require a greater amount of rock to be extracted and processed, longer processing times and higher reagents usage, which translates to higher costs per unit of gold produced.
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Visit: 396
Illegal mercury trade for gold mining uncovered
Mining News Pro - An international team of researchers has developed a new method for examining global mercury trade data inconsistencies based on estimating and comparing the mercury input of artisanal and small-scale gold mining (ASGM) activities to the total mercury available domestically.
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Illegal gold mining in Amazon equivalent to half of Brazil’s production
Mining News Pro - Between 2015 and 2020, Brazil traded 229 tonnes of gold with evidence of illegality, equivalent to almost half of the gold produced and exported by the country, according to a new report from NGO Instituto Escolhas.
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Visit: 436
In Bolivia’s Amazon, wildcat gold mining boom stokes tension over environment
Mining News Pro - In Bolivia’s Amazon tensions are rising over a boom in wildcat gold mining that is driving a surge in imports of mercury used to extract the precious metal and is sparking conflict between small-scale prospectors and local indigenous groups.
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Visit: 1329
Consolidation in gold mining sector to continue
Mining News Pro - While organic growth in the mining industry has stagnated over the years, consolidation in the gold sector is still expected to continue as management teams look to grow their production profiles and replenish their project pipelines via the merger and acquisition (M&A) arena versus the riskier route of developing their own greenfield projects, says CreditSights in its latest gold mining sector outlook report.
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Honduras orders Aura Minerals subsidiary to suspend gold mining at indigenous cemetery
Mining News Pro - Honduran authorities ordered a subsidiary of Canada’s Aura Minerals Inc to suspend open-pit gold mining on Wednesday at an indigenous cemetery site, drawing fierce opposition from residents, whose lawyer confirmed the suspension in a statement.
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Visit: 443
Gold mining firms should cooperate more with artisanal miners, WGC says
Mining News Pro - The World Gold Council (WGC) called for greater cooperation between large mining companies and artisanal miners and set out recommendations on Thursday to help bring small-scale miners into the market.
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Visit: 652
Gold mining stocks set for revival, Agnico chairman says
Mining News Pro - Gold mining stocks that have lagged bullion gains over the past year are set to move higher as the industry steps up dividends and buybacks, according to Agnico Eagle Mines Ltd. Executive Chairman Sean Boyd.
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Visit: 441
Highest levels of atmospheric mercury pollution now found in Amazon rainforest due to gold mining
Mining News Pro - After performing the first-ever measurement of terrestrial deposits of atmospheric methylmercury – the most toxic form of mercury – an international team of researchers found that the highest levels of atmospheric mercury pollution in the world are now found in pristine areas of the Amazonian rainforest.
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Visit: 548
Colombia to hold bidding round for gold mining areas in early 2022
Mining News Pro - Colombia will begin taking offers in its first bidding round for gold exploration contracts in early 2022, the head of the national mining agency said on Tuesday, as the Andean country continues efforts to diversify its mineral output.
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Visit: 560
South32’s Fraser takes gold mining CEO job
Mining News Pro - Mike Fraser, outgoing COO of ASX- and JSE-listed South32, has been appointed CEO of London-listed Chaarat – a gold mining company which operates in Armenia and Kyrgyzstan.
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La Mancha launches $1.4 billion gold mining fund
Mining News Pro - La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a $1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector.
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Visit: 618
La Mancha launches $1.4 billion gold mining fund
Mining News Pro - La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a $1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector.
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Visit: 583
Egypt extends deadline for gold mining bid round
Mining News Pro - Egypt has extended by 60 days the deadline to participate in the latest international tender for exploration licenses as the North African country struggles with a second wave of the coronavirus pandemic, with new daily cases on the rise after experiencing a sharp decline in January.
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Visit: 518
Gold mining output growth to rebound in coming years
Mining News Pro - Global gold mine production growth will rebound in the coming years, underpinned by higher gold prices and mergers between large mining firms, says research firm Fitch Solutions Country Risk and Industry Research.
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Visit: 751
Horizon Minerals kicks off gold mining at Boorara
Mining News Pro - Horizon Minerals has mobilised its mining operations at the Boorara gold mine near Kalgoorlie-Boulder in Western Australia’s Goldfields region.
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Visit: 705
Venezuela allows gold mining in river basins
Mining News Pro - Following the late Hugo Chávez’s style, Nicolás Maduro makes a fuss on TV every time his government makes a decision, no matter how big or small.
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Visit: 738
Gold mining stocks on a tear
Mining News Pro - Gold gathered momentum on Thursday sending the shares of gold miners higher across the board.
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Visit: 1189