Tag #Gold Mining

Showing 1 to 12 of 40 results

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Pamboki Municipality Approves Gold Mine Despite Environmental Concerns

The Pamboki municipal council approved a gold mining exploration agreement with Zov-Guzh company in Karaberd village by a 12-6 vote, despite previous rejection and concerns raised by environmental experts about heavy metal contamination.

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52% Bias Score

Good Health and Well-being
smh.com.au
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Auric Mining: $14.5M Profit from Jeffreys Find, Munda Mine Expansion

Auric Mining concludes its Jeffreys Find gold project, generating an estimated $14.5 million in profit, and transitions to fully-owned Munda gold mine operation with projected higher returns.

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44% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Black Hills Gold Rush: Economic Boom or Environmental Disaster?

Driven by gold prices exceeding $3,000 an ounce, renewed gold mining in South Dakota's Black Hills promises economic benefits (250 jobs, $400 million in taxes) but raises environmental and cultural concerns, prompting opposition from Native American tribes and environmental groups due to potential w...

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44% Bias Score

Sustainable Cities and Communities
dw.com
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Nearly 1,000 Undocumented Migrants Arrested at South African Gold Mine

South African police arrested nearly 1,000 undocumented migrants working illegally at the Sheba Gold Mine in Mpumalanga province; the operation, lasting almost a week, targeted miners working underground, close to the borders of Eswatini and Mozambique; those arrested will be charged with violating ...

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theglobeandmail.com
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Mali to Sell Gold from Seized Barrick Mine

Mali's court-appointed administrator of Barrick Gold's Loulo-Gounkoto mine plans to sell one metric ton of gold, valued at approximately US$107 million, to fund operations after a six-month suspension due to a government seizure of gold stocks and a broader conflict over tax disputes and a new minin...

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forbes.com
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Rising Costs and Gold Price Concerns Trigger Northern Star Share Price Plunge

Northern Star, Australia's leading gold miner, saw its share price fall 10.5% in five days and 18% in a month due to unexpectedly high production costs (\$2 billion capex increase) and concerns about a double peak in gold prices, potentially signaling a broader sector decline.

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smh.com.au
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Zenith Minerals: Strategic Refocus on Australian Gold Yields Positive Results

Zenith Minerals, under managing director Andrew Smith, has raised $3.5 million, sold its Turkish asset, and initiated a 12,000-meter drill program at its Consolidated Dulcie gold project in Western Australia, resulting in a 41% increase in contained gold ounces to 302,000.

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smh.com.au
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Flagship Minerals Acquires Anglo American's Pantanillo Gold Project Data

Flagship Minerals purchased Anglo American's Pantanillo gold project data in Chile for US$2.85 million, gaining access to 33,000 meters of drilling data and over 2100 samples, potentially significantly increasing the project's gold resource and enabling faster development.

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azatutyun.am
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Karaberd Gold Mine Hearing Sparks Conflict

In Karaberd village, a public hearing on a new gold mine, organized by local authorities but deemed invalid by environmentalists, sparked a heated debate between villagers and activists, with concerns raised about environmental damage and the precedent of previous failed mining attempts.

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40% Bias Score

Responsible Consumption and Production
taz.de
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Guyana's Gold Rush: Balancing Economic Growth and Rainforest Preservation

In Guyana, gold mining, primarily from nearly 3,000 small and medium-sized mines, contributed to almost two-thirds of the nearly 10,000 hectares of deforestation in 2023, despite the country's overall low deforestation rate of 0.053%, highlighting the conflict between economic needs and environmenta...

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smh.com.au
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Kaiser Reef's Henty Gold Mine Acquisition Boosts Production

Kaiser Reef's Henty gold mine acquisition, completed in mid-May, yielded 4,069 ounces of gold from 35,853 tonnes of ore in 1.5 months, achieving an 87.1% recovery rate and marking Kaiser's largest production quarter, transforming it into a multi-asset gold producer.

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52% Bias Score

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smh.com.au
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Strickland Metals Expands Serbian Gold Exploration with Eighth Drill Rig

Strickland Metals deployed an eighth drill rig at its Rogozna gold project in Serbia, expanding its exploration efforts to enhance high-grade gold discoveries at Shanac, aiming for resource upgrades and mine plan optimization by late 2025, supported by a $5 million investment from Zijin Mining.

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52% Bias Score

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Showing 1 to 12 of 40 results