These days, gold miners bear more than a little resemblance to Motley Crue circa 1994. The formerly popular band did everything it could to rekindle its pre-Nirvana fame.
Gold price drop overwhelms miners Read More »
Frank Callaghan admits it: telling investors his company held 10.6 million ounces of contained gold last year was a big mistake.
Barkerville Gold CEO admits big mistake Read More »
Newcrest Mining Ltd (NCM).’s decision to write down the value of its mines by as much as A$6 billion ($5.5 billion) will lead to the biggest one-time charge in gold mining history. It also heralds pain for competitors.
Gold miner Newcrest writes off $5.5 billion Read More »
Indonesia’s energy ministry will allow Freeport McMoRan Copper and Gold to resume open-pit operations at the world’s second biggest copper mine.
Indonesia allows Freeport to resume Read More »
A combination of falling gold prices, rising costs at mine sites and dropping share prices forced Barrick Gold Corp. to eliminate about 65 administrative positions in its North American region.
Barrick Gold cuts 40 positions in Nevada Read More »
Colombian armed groups are reaping profits from illegal gold mining that are five times greater than returns from cocaine.
Gold beats cocaine for Colombian rebels Read More »
Gold prices have been taking a pounding of late with today’s session on the NYSE witnessing a close of $1277.80/oz, with poor man’s gold, silver, closing at $19.82.
Misery for junior gold mining investors Read More »
Agnico Eagle Mines Ltd. (AEM), one of Canada’s oldest gold producers, will consider entering joint ventures for the first time and buying mines already in operation.
Agnico deals as gold miners sell assets Read More »
Now the top gold-producing nation, China, is also quickly gaining on India as the top-consuming country.
China gaining as biggest gold consumer Read More »
In a daring act of fraud that has the potential of jeopardising his re-election in the June 26 presidential polls, Mongolian President Tsakhiagiin Elbegdorj and associates ingeniously duped a South Korean investor.
Mongolia president in mining fraud charge Read More »
