By Frik Els The gold price showed little reaction on Wednesday despite the US Federal Reserve recommitting to its ultra-accommodative monetary … [Read more...]
Gold investors deaf to Fed stimulus talk as India joins ETF sell-off
All 19 trapped Polish miners rescued after earthquake
By Anthony Halley All 19 trapped miners in the Rudna copper mine in Silesia, Poland have been rescued. An earthquake late Tuesday night caused the … [Read more...]
Sprott and Chinese firm set $500 million minerals fund
By Cecilia Jamasmie Toronto-based funds manager Sprott Inc (TSX:SII), together with Zijin Mining Group Co and Americas Now Resources Investment … [Read more...]
Zijin Mining to Co-Manage Gold, Minerals Fund With Sprott
News from China's biggest gold miner announcing a new "minerals" investment fund. Zijin Mining will contribute an initial $100 million for the fund. … [Read more...]
Kyrgyzstan Seeks Open Centerra Mine Talks, Minister Says
News from Kyrgyzstan on mining in the central Asian nation. Read more... … [Read more...]
How earthquakes create gold deposits instantaneously
By Anthony Halley A study featured in Nature Magazine's Geoscience section revealed that gold deposits can form almost instantaneously during … [Read more...]
Pueblo Viejo shipment delayed “indefinitely”, Barrick could face $24m fine over “mislabeling”
By Frik Els Customs officials from the Dominican Republic say a shipment from Barrick Gold's (NYSE, TSX: ABX) Pueblo Viejo mine will "delayed … [Read more...]
Cyprus brings gold price 'immunity' as ETF outflows hit 18 tonnes a day
By Frik Els The gold price on Tuesday was consolidating yesterday's gains as investors continued to digest the stunning decision over the weekend to … [Read more...]
Global downturn takes a toll on Canada’s north 'mining boom': report
By Cecilia Jamasmie Canada’s territories, not long ago believed to be the epicenter of a mining boom, are feeling the effects of sinking global … [Read more...]
Judge clears JP Morgan of silver price conspiracy
By Anthony Halley A US district court judge has cleared JP Morgan Chase & Co of accusations by a group of investors that the company conspired … [Read more...]
Brazil's Batista taking a bath
By Kerry Hall Brazilian billionarie Eike Batista is facing demands from creditors to boost his collateral and is close to selling a portion of MPX … [Read more...]
Gold price scales $1,600 as Europe shoots itself in the foot
By Frik Els Gold scaled the $1,600 an ounce level for the first time in three weeks on Monday as investors, worried about the fallout over an EU … [Read more...]
Formalization of artisanal miners in Peru approaches deadline
By Daisy Johnson In an attempt to mitigate the risks associated with the increasing prevalence of informal mining – including inadequate … [Read more...]
World’s top copper producer faces major strike threat and lower demand
By Cecilia Jamasmie The umbrella union for workers at Chilean state copper giant Codelco called its members Monday (in Spanish) to vote in favour of … [Read more...]
Five reasons gold will hit an all-time record this year
By Cecilia Jamasmie Bullion enthusiasts seem to have come back to life after a recent survey among analysts showed a majority believes that gold is … [Read more...]
INFOGRAPHIC: How the Federal Reserve System really works
By Cecilia Jamasmie As fresh warnings of an eventual financial system collapse start filling up headlines again, it is useful to take a look at this … [Read more...]
Power cut in SA cost AngloGold 20,000 ounces
By Cecilia Jamasmie Gold miner AngloGold Ashanti (NYSE:AU), the world’s third-largest producer of the precious metal, warned Monday a power failure … [Read more...]
Canada aboriginal movement threatens mining industry: Reuters
By MINING.com Editor The grassroots aboriginal protest movement in Canada, "Idle No More" has the potential to "disrupt mining projects across … [Read more...]
Anglo CEO looks to reenergize mining in South Africa
By Anthony Halley AngloGold Ashanti CEO Mark Cutifani aims to reignite mining in South Africa by confronting what he sees as seven key issues that … [Read more...]
Fresh warnings of eventual financial system collapse
By Anthony Halley Outspoken, controversial former Assistant of the US Treasury Paul Craig Roberts spoke yesterday about the problems that Western … [Read more...]
Experts survey sees gold moving up next week
By Anthony Halley For the first time in weeks, a majority of participants in the Kitco News Gold Survey predicted higher gold prices and many … [Read more...]
Nunavut's Hope Bay gold project sold to Toronto firm
By Kerry Hall Toronto-based TMAC Resources announced this week it finalized the purchase of the Hope Bay gold project in Nunavut with Newmont Mining … [Read more...]
Zimbabwe's small-scale miners plan to increase gold output
By Kerry Hall Small-scale miners in Zimbabwe want to boost their gold production to more than four tonnes per year and are lobbying for government … [Read more...]
Two dead during eviction of informal miners in northern Peru
By Cecilia Jamasmie Two people were killed during a violent eviction of about 500 illegal gold miners gold in northern Peru, reports El Comercio (in … [Read more...]
INFOGRAPHIC: How to become rich by digging gold from landfills
By Cecilia Jamasmie Landfills may soon become a Mecca for gold diggers as millions of dollars worth of this and other precious metals are sitting … [Read more...]
Hundreds of workers sacked at BHP's Escondida in Chile
By Cecilia Jamasmie About 600 contract employees at BHP Billiton’s (ASX, NYSE: BHP) Escondida copper mine in northern Chile have been fired as a … [Read more...]
Ten banks to back up Rio Tinto’s Oyu Tolgoi: report
By Cecilia Jamasmie At least ten banks have committed close to $300 million each to back up Rio Tinto’s (LON, ASX:RIO) massive copper-gold Oyu … [Read more...]
Britain plunges into deep sea mining with American company
By Kerry Hall Britain's prime minister announced Thursday the country would partner with an American company to mine the depths of the Pacific Ocean … [Read more...]
Oyu Tolgoi: Mongolia tosses ball into Rio's court
By Frik Els World number tow mine Rio Tinto (LON:ASX) and the government of Mongolia will sit down for further tough negotiations over the future of … [Read more...]
Gold ETFs: 25 straight days of net selling
By Frik Els A Bloomberg index that tracks the total amount of tonnes held by gold ETFs on a daily basis reached a record high of 2,632 in December … [Read more...]