May 2019

Pure Gold kicks off exploration campaign at Madsen Red Lake project

The company will focus on the Wedge, Fork, and Russet South satellite deposits with the object of converting and growing mineral resources used in the recently released preliminary economic assessment (PEA).

Cecilia Jamasmie | May 31, 2019 - 12:45 pm

Markets

Agnico’s Meliadine mine reaches commercial production

The mine, near Rankin Inlet in Nunavut, is expected to produce about 230,000 ounces of gold this year at total cash costs of $612 per oz.

Northern Miner Staff | May 31, 2019 - 12:34 pm

Precious Metals

Silver miners’ Q1’19 fundamentals

The silver miners’ stocks have been pummeled in recent months, plunging near major secular lows in late May.

Zeal LLC | May 31, 2019 - 12:01 pm

Precious Metals

Rejection of Barrick bid is ‘no brainer,’ top Acacia investor says

Fidelity International said the bid was around 50% too low.

Reuters | May 31, 2019 - 11:35 am

Markets

CHART: Worst May for US stocks in 9 years lights fire under gold price

Gold price jumps on safe haven demand amid trade war, but main trigger for extended rally will be declines on US equity markets, says new report.

Frik Els | May 31, 2019 - 10:31 am

Battery Metals

Russia owns rare earths but mines little. That’s changing

President Vladimir Putin has pushed Russia to develop its own rare earth production, calling it an issue that’s " critically important to the defense capability of the country.

Bloomberg News | May 31, 2019 - 10:29 am

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Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds

Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.

Cecilia Jamasmie | May 31, 2019 - 10:08 am

Precious Metals

Gold — China premiums rise as trade woes boost buying; India demand tapers

Gold premiums in top consumer China rose this week as investors bought the metal as a safe-haven due to rising trade tensions with the United States.

Reuters | May 31, 2019 - 10:05 am

Battery Metals

Malaysia plans June meetings with Australian officials over Lynas waste

Prime Minister Mahathir Mohamad said on Thursday that the rare earths miner will be allowed to continue operating its $800 million processing plant.

Reuters | May 31, 2019 - 9:45 am

Zimbabwe says mines can pay for power in foreign currency to secure supply

Fortune Chasi said on Thursday the country's largest hydroelectric plant, Kariba Dam, will suspend output in 14 weeks if water levels continue to fall at the current rate.

Reuters | May 31, 2019 - 9:40 am

Videos

Mining’s next big threat: EY warns high prices are masking deeper risks

October 30, 2026

Gold could defy another Fed rate hike, Peter Grandich says

October 29, 2026

Gold juniors trading at ‘80% off’ as mining takeover wave looms, says Michael Gentile

October 19, 2026

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May 2019

Pure Gold kicks off exploration campaign at Madsen Red Lake project

Agnico’s Meliadine mine reaches commercial production

Silver miners’ Q1’19 fundamentals

Rejection of Barrick bid is ‘no brainer,’ top Acacia investor says

CHART: Worst May for US stocks in 9 years lights fire under gold price

Russia owns rare earths but mines little. That’s changing

Tags for you

Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds

Gold — China premiums rise as trade woes boost buying; India demand tapers

Malaysia plans June meetings with Australian officials over Lynas waste

Zimbabwe says mines can pay for power in foreign currency to secure supply

Videos

Mining’s next big threat: EY warns high prices are masking deeper risks

Gold could defy another Fed rate hike, Peter Grandich says

Gold juniors trading at ‘80% off’ as mining takeover wave looms, says Michael Gentile

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