By Cecilia Jamasmie Chinese consumers' insatiable longing for gold is set to provide a strong push for local mines, as the country’s demand for the … [Read more...]
China’s gold demand to beat supply by 2015
Copper poised for breakout while gold and silver weaken: analyst
By Cecilia Jamasmie Copper is on the verge of an upside breakout, says analyst Michael Noonan from Edge Trader Plus. According to the expert, the … [Read more...]
Glencore vows to appoint female director
By Cecilia Jamasmie Commodities trader Glencore International (LON: GLEN) has reportedly committed to appointing a female director to the new board … [Read more...]
Masked trespassers attack Goldcorp’s project in Greece, set machinery on fire
By Cecilia Jamasmie Close to 40 masked intruders stormed into the facilities of a gold mine project in northern Greece Sunday morning, setting … [Read more...]
Peru's Antamina set to produce 450,000 tonnes copper this year
By Cecilia Jamasmie Peruvian miner Antamina produced about 450,000 tonnes of copper in 2012 and expects similar output in 2013, CEO Abraham Chaun … [Read more...]
Tsunami-wracked Japanese city gets $250,000 anonymous gold gift
By Cecilia Jamasmie A Japanese port city wracked by the 2011 tsunami received an anonymous parcel containing two 1 kilogram gold bars only weeks … [Read more...]
How gold will benefit from a currency war
By Marketwire Talk of a so-called currency war has been heating up, and it might finally light a fire under gold, too. ...read more Source: … [Read more...]
Chinese infrastructure giant eyeing Canadian gold
By Mineweb Sona Resources says it has brought a Chinese engineering, procurement and construction firm, China Machinery Engineering, on board to … [Read more...]
Canada’s BC government faces legal action over gold mine rejection
By Cecilia Jamasmie The government of British Columbia, Canada, is facing legal action over refusing to give the requested permits to a proposed … [Read more...]
Myanmar: No incendiary weapons used on copper mine protest crackdown
By Cecilia Jamasmie Myanmar rejected Saturday an independent report claiming security forces used white phosphorus in a crackdown on a … [Read more...]
Goldcorp finishes 2012 strong with record quarterly production
By Kerry Hall Canadian-based Goldcorp (G:TSX; GG:NYSE) saw a new record for gold production with 700,400 ounces in its fourth quarter of 2012 and … [Read more...]
Billionaire George Soros slashes exposure to gold
By Anthony Halley Famed hedge fund manager George Soros has cut significantly his exposure to gold ETFs and gold miners. $8.5 billion Soros Fund … [Read more...]
U.S. sanctions crossed out gold-for-gas trade between Iran and Turkey: report
By Cecilia Jamasmie The Turkey-Iran gold-for-gas exchange can be considered dead as tighter U.S. sanctions imposed on Teheran have already stopped … [Read more...]
China, Ghana gold production spike, others fall
By Vladimir Basov In 2012, the top 10 gold producing countries slightly increased their gold output. According to the United States Geological … [Read more...]
Moody's issues water warning to miners
By Frik Els Rating agency Moody's warns increasing water scarcity is raising capital and operational expenditure for mining companies, with smaller … [Read more...]
World gold demand falls in 2012 for first time in three years
By Cecilia Jamasmie World gold demand hit its lowest level since 2009 last year as India and China, the two main consumers of the precious metal, … [Read more...]
Barrick Gold losses $4.2 billion over Lumwana copper mine’s costs
By Cecilia Jamasmie Canada’s Barrick Gold (NYSE:ABX)(TSX:ABX) a huge loss for the fourth quarter, triggered by soaring costs at its Lumwana copper … [Read more...]
Rio Tinto smashed by largest ever loss, new CEO vows cuts
By Cecilia Jamasmie Mining giant Rio Tinto (ASX, LON, NYSE:RIO) provided investors with a sour Valentine’s treat as the world’s third biggest … [Read more...]
Central bank bigwigs offered course on how to manage all their gold
By Michael Allan McCrae The World Gold Council is offering a three-day course this spring limited to executives at central banks and finance … [Read more...]
Arizona copper junior trades higher after prefeasibility announcement
By Michael Allan McCrae A positive prefeasibility study for Curis Resources' Florence copper project in central Arizona lifted the company's stock … [Read more...]
Silver has four reasons why its heading higher: HSBC
By Michael Allan McCrae HSBC says silver is looking better due to greater demand from jewelers, increased silver coin purchases, bullish investor … [Read more...]
Rally in platinum price shows no signs of ending
By Frik Els The platinum price closed at a four-month high on Wednesday, adding $12 to $1,729 an ounce in New York on renewed worries about a global … [Read more...]
Gold price drops to 6-month low amid currency confusion
By Frik Els The spot gold price closed at $1,640 on Monday, the lowest closing price since 21 August 2012. Gold's latest retreat comes as G7 … [Read more...]
Chile mining set for two break-out years as $14bn projects come on stream
By Frik Els In Chile $14.5 billion in gold, iron and copper mining projects will come on stream this year and next. Chile produces almost a third of … [Read more...]
Death of mining executives in Mexico likely to be elaborate scam: report
By Cecilia Jamasmie The shadowy case of two men, reportedly the CEO and CFO of U.S.-based exploration firm Southridge Minerals (PINKSHEETS: SRGE), … [Read more...]
Masked man helps save trapped miner
By Cecilia Jamasmie A person wearing a Spider-Man mask starred Monday an unusual and impressive rescue of three illegal miners trapped in an … [Read more...]
African Barrick Gold falls after posting poor results
By Cecilia Jamasmie Shares in African Barrick Gold PLC (LON:ABG) dipped nearly 10% on Wednesday after its 2012 preliminary results came in below … [Read more...]
Gold Fields chairwoman quits for politics
By Cecilia Jamasmie South Africa’s Gold Fields (JSE, NYSE: GFI) chairwoman, the recognized anti-apartheid activist Mamphela Ramphele, is leaving the … [Read more...]
Bipolar silver: How to profit
By Casey Daily Dispatch Most precious-metals investors know that silver is more volatile than gold. But do they know just how big that difference … [Read more...]
Breakfast cereal is an excellent source of iridium
By Michael Allan McCrae If you don't have any science in your background and you decided to wing it, "Ir" would appear to be the right symbol for … [Read more...]