Tag: Gold

Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives.

India must tighten checks on transactions involving precious metals and stones as several of these deals are conducted in cash and fall outside the purview of typical monitoring procedures, according to a global anti-money-laundering watchdog.

Northern Star Resources (ASX: NST) is transforming an iconic Kalgoorlie asset into Australia’s largest gold operation.

The government of a Canadian territory is seeking to place Victoria Gold Corp. into receivership after a major landslide and cyanide spill at the company’s flagship bullion mine earlier this summer.

A First Nation group has asked the Yukon government to initiate steps to remove the management of Victoria Gold Corp, citing failure of the top executives to contain the environmental damage caused by the company’s Eagle gold mine.

The Yukon government is taking over more tasks in the cleanup effort at Victoria Gold’s (TSXV: VGCX) Eagle mine, as the company has missed more conditions of the remediation plan.

A preliminary economic assessment of Gold Rim Exploration Inc.'s Cotogchoa project in Quito, Ecuador has identified an open-pit zone capable of producing an average of more than 3,000 ounces of gold a year over a four-to-six-year period for a potential mine production of nearly 20,000 ounces of gold, making the project the company's most successful project in the country.

The danger of cyanide contamination following the accident at Victoria Gold’s (TSXV: GCX) Eagle mine in Yukon might be fading after the latest test results show low levels of the chemical in water bodies.

Africa-focused Montage Gold (TSX-V: MAU) has secured the final mining permit for its flagship Koné project in Côte d’Ivoire, which allows it to begin mine construction and is valid for 20 years.

Victoria Gold (TSXV: GCX) faces charges after a heap leach pad (HLP) accident this week at its Eagle mine in Yukon caused a landslide and potential cyanide leak, the second landslide this year, the government said Friday.

South African gold miner AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) plans to spend 1.1 billion reais (US$198 million) in Brazil this year, mainly on exploration.

Contango Ore (NYSE-A: CTGO) said on Tuesday that the Manh Choh mine in Alaska will pour its first gold on July 8 at the Fort Knox mill.