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Tag Archives: GOLD MINING

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Top ten gold producing countries in H1 2014

The London-based precious metals analysts group Metals Focus has released the latest research report that outlines world gold production during H1 2014. The global mined production of gold continued to increase, despite fall in demand for the yellow metal. According to the report, China ...

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Zimbabwe to boost gold output by cutting miners’ royalty

The Zimbabwean government has decided to lower the royalty on goldfrom 7% to 5% in an attempt to boost gold production from the country. The government decision is expected to breathe new life into the Zimbabwean gold mining industry, which has ...

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Fresnillo’s proposed deal with Newmont to boost gold output 50%

Newmont has agreed to divest its 44% stake in the Penmont joint venture in Mexico to partner Fresnillo for a gross transaction value of $477 million including cash proceeds of $450 million at closing.   The deal gives Fresnillo, which ...

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