By Kerry Hall Australia's gold production increased in the December quarter as new mines in the west of the country came on stream, reported The … [Read more...]
Western Australian mines boost country's gold production
The bullish gold supply
By Scott Wright - Zeal Intelligence It’s hard to believe that gold’s bull market is nearly a dozen years old. And boy has it been a delight watching … [Read more...]
Miners struggle 'down to the wire' for cash: report
By Kerry Hall High costs, declining prices and risk-averse investors are hindering miners ability to leverage capital which will cause dozens of … [Read more...]
Newmont promotes Gary Goldberg to CEO
By Kerry Hall US-based Newmont Mining Corporation (NYSE:NEM) announced Friday the promotion of Gary Goldberg to chief executive officer. An American … [Read more...]
Australian mine workers fired after video stunt
By Kerry Hall Australian miner Barminco fired up to 15 workers and banned them for life from all of the company's projects after the men staged a … [Read more...]
Gold price: Investors are dumping over 10 tonnes PER DAY
By Frik Els The price of gold was hovering around the $1,575 an ounce level on Friday after a tumultuous February that saw the metal lose 5.5% in … [Read more...]
World's #1 copper producer fending off gobal headwinds
By Anthony Halley Chile has performed beyond expectation despite slowed commodities demand from its top trade partner, China, and from euro zone … [Read more...]
Turquoise Hill jumps 11% after allaying Oyu Tolgoi fears
By Frik Els Turquoise Hill Resources (TSX:TRQ), 66%-owner of Oyu Tolgoi, raced ahead more than 11% on Friday after soothing investor fears about … [Read more...]
Families of miners killed at South Africa’s Marikana to sue police for millions
By Cecilia Jamasmie Relatives of the 34 miners shot dead last year during a protest at South Africa’s Lonmin's (LON:JSE) Marikana platinum mine are … [Read more...]
Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program
By Cecilia Jamasmie Glencore (LON:GLEN) and Xstrata (LON:XTA) announced Friday they have, once again, extended the deadline for closing their … [Read more...]
Copper falls to three-month low over weak China industrial data
By Cecilia Jamasmie Copper and aluminum dropped to three-month lows in London and New York after manufacturing growth slowed in China, the largest … [Read more...]
Gold slide continues in the face of positive economic sentiment
By Anthony Halley Gold fell again today – to $1,581.39 USD/oz. Gold has dropped 5% in the month of February, the fifth straight month of … [Read more...]
This gold bear market will yield better valuations than 1992 or 2000: Rick Rule
By Anthony Halley In a lively interview with King World News yesterday, Sprott Asset Management's Rick Rule said that gold represents a huge sale at … [Read more...]
Urban mining: The electronic waste gold mine
By MINING.com Editor ...read more Source: Mining.com- Gold News … [Read more...]
Rio appoints former BHP executive as new finance director
By Cecilia Jamasmie Mining giant Rio Tinto (ASX, LON, NYSE:RIO) announced Thursday the appointment of former chief financial officer at BHP … [Read more...]
Nevada expects to dodge the gold 'production cliff'
By Kerry Hall Nevada expects to dodge the looming gold "production cliff" predicted by Canada's National Bank Financial, reports the Las Vegas … [Read more...]
Kinross acquires high-grade gold areas in Russia
By Vladimir Basov Canadian miner Kinross Gold Corporation (TSE:K), the world’s fifth largest gold producing company, acquired exploration and mining … [Read more...]
Gold price drops below $1,600, continues worse monthly losing streak in 16 years
By Frik Els The gold price fell by as much as $25 on Wednesday to touch a low of $1,591 and erasing much of the gains of the previous day. Ben … [Read more...]
New projects in Peru to add $3.6 billion to overall mining investment for 2013
By Cecilia Jamasmie New mining projects in Peru will attract over $3.6 billion in investments this year, adding to the overall industry forecast of … [Read more...]
Investors turn to Astrology to predict markets behaviour (for real)
By Cecilia Jamasmie In what will surely sound bizarre to many, a new generation of investors is looking at the stars when it comes to making trading … [Read more...]
Mongolia cancels key Oyu Tolgoi licences
By Frik Els FT.com reports Mongolia has revoked the licences for a key section of Rio Tinto's Oyu Tolgoi giant copper-gold mine. The London paper … [Read more...]
The end of paper money? Europe hit by gold rush as crisis worsens
By Cecilia Jamasmie Gold used to be the main exchange currency in Europe, but soon after World War I governments ditched it. Now, amid unstable … [Read more...]
California gold spurs new rush
By Kerry Hall Sutter Gold Mining Company (Venture:SGM) believes there are millions of dollars of the yellow metal still to be found in California … [Read more...]
Caterpillar is on list of stocks 'that hedge funds are shorting like crazy'
By Michael Allan McCrae Caterpillar (NYSE:CAT) is ranked number nine on a list of stocks that hedge funds are shorting "like crazy", according to … [Read more...]
Thompson Creek writes down $530m of Endako mine
By Business in Vancouver Thompson Creek Metals Company Inc. (TSX:TCM; NYSE:TC) has written down $530.5 million of the value of its Endako molybdenum … [Read more...]
Copper huge sell-off. Who Is Doing The Buying?
By Michael Noonan Market activity rules! It is the basis for understanding the motivation for all moves, up or down. If you want to know what … [Read more...]
Turkish gold mining showing some shine
By Anthony Halley Since enacting important liberal reforms in 2010, Turkey has been home to a number of mining success stories. Only 15 years ago, … [Read more...]
Bernanke lifts gold price over $1,600 while singing the praises of QE
By Frik Els The gold price jumped more than $30 on Tuesday to touch a high of $1,620 as Ben Bernanke sang the praises of the US Federal Reserve's QE … [Read more...]
Entree Gold hammered after permit near Oyu Tolgoi cancelled
By Frik Els Vancouver's Entrée Gold (TSX:ETG) fell on Tuesday after Mongolian authorities pulled the company's mining licence near Oyu Tolgoi, Rio … [Read more...]
Diamonds dominate Academy Awards fashion
By Kerry Hall America's biggest film stars rolled out to the Academy Awards on Sunday with brilliant gems as key parts of their ensembles, notes … [Read more...]