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Rise of illegal gold mining in Africa
Why the gold boom is causing a surge in illegal mining
In challenging economic and geopolitical times, investors bet on gold for its ability to store value. Gold prices hit record highs last year, with some analysts forecasting the precious metal could reach $3,000 an ounce by the end of 2025. But the boom has also been linked to a surge in illegal gold mining.
The rise of illegal gold mining in Africa
In South Africa, a months-long standoff between police and illegal gold miners has resulted in over 100 deaths. This surge in illegal gold mining has highlighted the growing dangers of the industry. Zinhle Essamuah traveled to West Africa to explore the forces driving the dark side of the gold rush.
Orla Mining gold production drops in Q4 but rises for the full year
Orla Mining (NYSE:ORLA) -1.7% in Thursday's trading after reporting lower Q4 gold production from its operations in Mexico and Nevada compared with a year ago, but saying it achieved record output and met guidance for the full year.
1d
on MSN
Operator error blamed for elevator incident that led to death of guide at former Colorado gold mine
Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and ...
4d
on MSN
Rescuers try to free men trapped in South African gold mine with scores reported dead
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, ...
22h
Agnico Eagle: Creating A Million-Ounce Mining Complex
Discover Agnico Eagle Mines Limited's strategic acquisition of O3 Mining and potential to elevate Canadian production to 1Moz ...
2d
on MSN
Deadly Colorado gold mine malfunction deemed “operator error,” sheriff says
The Mollie Kathleen Gold Mine elevator breakdown was “not attributed to current mine practices or equipment malfunctions,” ...
9d
on MSN
The controversial gold mine set to go before a planning inquiry
Campaign group Save Our Sperrins was formed in 2015 to oppose the mine's development and Emmet McAleer, a former independent ...
2d
Colorado investigators blame 'operator error' in deadly 2024 gold mine incident
Investigators determined that the incident at the Colorado tourist mine was "not attributed to current mine practices or equipment malfunctions." ...
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