Since Kyrgyzstan took control of the Kumtor gold mine in 2021, gold production has steadily fallen. Revenue from the Kumtor mine for the state budget has decreased even as the price of gold has risen.

Gold is an exhaustive natural resource. AGAG launched the Anglogold Ashanti Obuasi Community Trust Fund in 2012 as per the stability agreement between the mining firm and the Government of Ghana ...

The nationalization of the Kumtor gold mine in Kyrgyzstan has not lived up to official billing, in terms of expanding the flow of revenue into state coffers and driving growth. Company figures show ...

Artemis Gold (TSXV: ARTG) shares skyrocketed to an all-time high Friday after the company said it had begun commercial production at its Blackwater open pit mine in central British Columbia ...

The project, when combined with the openpit ore sources, based on the current estimate of ore reserves, will extend the Yaouré gold mine’s operational life until at least 2035. The move to ...

has agreed to acquire the remaining 19.9% free cash flow interest in the New Afton copper-gold mine from the Ontario Teachers’ Pension Plan for $300 million. The deal consolidates New Gold’s ...

Canada-focused gold exploration company Fury Gold Mines has completed the acquisition of Québec Precious Metals (QPM) by acquiring all the issued and outstanding common shares of QPM. The ...

Rand Refinery’s major shareholders are also key players in Ghana’s upstream gold industry. AngloGold Ashanti, which owns 42.5% of Rand Refinery, operates major Ghanaian mines including Iduapriem and ...

DRDGOLD CEO Niël Pretorius interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer. JOHANNESBURG (miningweekly.com) – With the gold price expected to be stronger for longer ...

Delta put its Mount Ida gold mine in Western Australia up for sale last year when it hired brokerage Bell Potter to find a potential buyer. However, it has opted to spin out the assets into a new ...

Gold Fields is set to cease operations at its Damang gold mine in Ghana following the government's decision not to renew the mining lease. The mining company had sought a 30-year extension to the ...

Reed Gold Mine State Historic Site, N.C. Department of Natural and Cultural Resources A gold mine was running dry — but a North Carolina man held onto hope when he visited 129 years ago.