Latest Precious metals industry News

Tarnished Gold: Illegal Amazon gold seeps into supply chains

Jan. 13, 2022 10:22 AM EST

SAO PAULO (AP) — The medals were billed as the most sustainable ever produced. To match the festive spirit of South America’s first Olympics, officials from Brazil, the host country for the 2016 games in Rio de Janeiro, boasted that the medals hung around the necks of athletes on...

Tarnished Gold: Illegal Amazon gold seeps into supply chains

Jan. 13, 2022 08:24 AM EST

SAO PAULO (AP) — The medals were billed as the most sustainable ever produced. To match the festive spirit of South America’s first Olympics, officials from Brazil, the host country for the 2016 games in Rio de Janeiro, boasted that the medals hung around the necks of athletes on...

Tarnished Gold: Aircraft, fuel key to illegal Amazon mining

Jan. 11, 2022 08:28 AM EST

BOA VISTA, Brazil (AP) — The scorching Amazon sun beats down as agents inspect the body of a black helicopter. Nearby, in the backyard of the federal police headquarters in the city of Boa Vista, sit more than twenty aircraft — all seized. Some bear signs of violent crashes:...

Tarnished Gold: Aircraft, fuel key to illegal Amazon mining

Jan. 11, 2022 00:25 AM EST

BOA VISTA, Brazil (AP) — The scorching Amazon sun beats down as a group of agents inspect the body of a black helicopter. Nearby, in the backyard of the federal police headquarters in the city of Boa Vista, sit more than twenty aircraft — all seized. Some bear signs of violent...

Supporters of Black Hills Mining Museum seek new space

Jan. 08, 2022 01:10 AM EST

LEAD, S.D. (AP) — For 35 years, an old grocery store that took 17,000 volunteer hours to convert into a gold mine of history has served the community well. But members of the Black Hills Mining Museum are making their case for a new building. Black Hills Mining Museum board members...

Sudan officials: 31 bodies retrieved from collapsed mine

Dec. 29, 2021 10:29 AM EST

CAIRO (AP) — Sudanese authorities said Wednesday rescue workers retrieved at least 31 bodies from a collapsed gold mine in West Kordofan province. The country’s state-run mining company said workers and villagers were still searching the Darsaya mine for more bodies or possible...

Sudan officials say defunct mine collapses, kills 38 people

Dec. 28, 2021 14:30 PM EST

CAIRO (AP) — Sudanese authorities said at least 38 people were killed Tuesday when a defunct gold mine collapsed in West Kordofan province. The country’s state-run mining company said in a statement the collapse of the closed, non-functioning mine took place in the village of...

Sudanese officials say at least 38 people were killed when a gold mine collapsed in West Kordofan province.

Dec. 28, 2021 13:28 PM EST
CAIRO (AP) — Sudanese officials say at least 38 people were killed when a gold mine collapsed in West Kordofan province.

Israeli archaeologists find treasures in ancient shipwrecks

Dec. 22, 2021 15:56 PM EST

JERUSALEM (AP) — The Israel Antiquities Authority announced Wednesday the discovery of remnants of two shipwrecks off the Mediterranean coast, replete with a sunken trove of hundreds Roman and medieval silver coins. The finds made near the ancient city of Caesarea were dated to...

Colorado reaches proposed settlement for 2015 mine spill

Dec. 13, 2021 16:50 PM EST

DENVER (AP) — A mining company has agreed to pay Colorado $1.6 million to resolve its liability for natural resource damage related to the 2015 Gold King Mine spill that fouled rivers in Colorado, New Mexico and Utah. The proposed consent decree with Sunnyside Gold Corp. follows...