It’s tough to find an entire investment sector that has tumbled by 50% this year, but that’s how far the shares of gold mining companies have fallen in 2013. The price of gold, of course, has also plunged in 2013 by some 25% to $1,240 an ounce.
How gold miners became a bad investment Read More »
Barrick Gold Corp. has gained some breathing room with its decision to delay development of its Pascua-Lama project.
Barrick faces new setback, more pressure Read More »
When Su Zhenyu arrived in Ghana in 1995 to live his African dream, there were barely 100 Chinese people in the small, resource-rich country.
Ghana cracks down on Chinese miners Read More »
The recent plunge in the price of gold is exposing the large debt loads that big gold miners, such as Barrick Gold Corp., took on during the boom years.
Gold decline uncovers miners’ debt woes Read More »
squads of these ronderos are working toward a different aim — thwarting American company Newmont Mining ‘s planned $5 billion gold mining project.
Peru peasants rally against Newmont Read More »
“The industry is not sustainable…where the gold price is at the moment,” said Nick Holland, CEO of Gold Fields — the 8th largest gold miner in 2012 — yesterday.
Gold mining not sustainable below $1,200 Read More »
Jeff Berwick of The Dollar Vigilante is interviewed on the Goddard Report. The discussion focuses on the bad the sentiment is in the commodities market.
Jeff Berwick: ‘Government does nothing’ Read More »
Ian Gordon: “When you get this overly bearishness in markets, it’s usually indicative of a turn. I’m confident that we’re going to see a turn to the upside.”
Ian Gordon: Who killed the gold price? Read More »
Industry legend and founder and chairman of Sprott Inc., Eric Sprott, says he sees gold going “significantly higher”.
Sprott: Gold will go ‘significantly higher’ Read More »
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 »
