Supplies of used gold jewellery and coins, typically released when investors book profits, have been scarce in India, as many expect bullion prices to continue climbing even after reaching new highs almost every week. This contrasts with March, when spot gold first crossed $3,000 an ounce and retail customers rushed to sell their holdings, triggering […]
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Life Cycle Assessment (LCA) in mining operations
Mining Doc
Life Cycle Assessment (LCA) is a methodology used to measure the environmental impacts of a product or service across its entire life cycle, from raw material extraction through to end-of-life disposal. It accounts for all material, energy, water inputs, and emissions at each stage and evaluates their potential effects across categories such as climate change, […]
UBS raises gold price target to $3,800/oz by end-2025
Mining Doc
UBS raised on Friday its gold price forecast by $300 to $3,800 per ounce by the end of 2025, and by $200 to $3,900 by mid-2026, citing anticipated Federal Reserve easing and U.S. dollar weakness linked to rate cuts and geopolitical risks. The Swiss bank also revised its estimate for gold exchange-traded fund (ETF) holdings, […]
Vietnam plans online gold exchange as it allows private imports
Mining Doc
Vietnam plans to open an online gold exchange and will allow companies to import gold for the first time in over a decade starting from next month, part of efforts to stabilise domestic prices, which are rising at a breakneck pace. The move, according to local economists, is aimed at balancing gold supply and demand […]
Barrick exits Canadian gold mining with over $1 bln Hemlo sale
Mining Doc
Barrick Mining said on Wednesday it will sell its last producing Canadian gold mine, Hemlo, to Carcetti Capital for up to $1.09 billion. Hemlo has produced more than 21 million ounces of gold and was once one of Canada’s most important mining camps. Its sale ends Barrick’s long history of gold production in Canada, though the company […]
India to offer large carbon capture incentives as coal remains major part of energy mix
Mining Doc
India is preparing to launch a national carbon capture initiative with substantial government incentives, as it seeks to balance rising energy demand with its climate goals while relying on coal, a senior official at India’s leading policy think tank said on Thursday. The initiative, aimed at promoting carbon capture, utilisation and storage (CCUS) technologies, could […]
Project financing versus corporate financing in mining
Mining Doc
When it comes to funding a business, it’s important to know the different types of finance so you can make smart choices. Two popular options are project finance and corporate finance. Each works in its own way, with different goals and risk strategies. This article explores what these two financing methods entail and highlights the […]
Gold nears record $3,600/oz level as weak US jobs data fuels rate-cut bets
Mining Doc
A goldsmith weighs gold jewellery inside a showroom in Ahmedabad, India, July 31, 2025. REUTERS/Amit Dave/File Photo Gold’s powerful rally took on fresh legs on Friday, with prices just cents away from $3,600 per ounce, as weak U.S. jobs data further raised expectations for bullion-supportive Federal Reserve rate cuts. Spot gold was up 1.4% at […]
Goldman Sachs sees gold prices surpassing $4,000 if investors ramp up buying
Mining Doc
Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold prices hit a record high of $3,578.50 per ounce on Wednesday on expectations of a U.S. Federal Reserve interest rate cut later this month, while lingering global uncertainties […]
ArcelorMittal's talks to sell South African unit stall over valuation, Bloomberg News reports
Mining Doc
Steelmaker ArcelorMittal’s talks to sell its South African unit to state-owned Industrial Development Corporation have stalled over valuation differences, Bloomberg News reported on Thursday, citing people familiar with the matter. While the parties may still reach an agreement on the fate of ArcelorMittal South Africa before the end of a due diligence period on September […]