A gauge of mining shares is extending gains after its best December since the financial crisis as investors flee to haven assets amid a slump in the broader equities market and a U.S government shutdown.
“Without a doubt, this industry needs transformation,” Mark Bristow, the new chief executive officer of Barrick Gold said.
Rio said it would postpone any short- and long-term incentives owed to Sam Walsh for a minimum of two years. Rio is now planning to extend that time period.
Tropical Cyclone Penny slammed into the far north coast near Rio Tinto Group’s Weipa bauxite mine, triggering warnings of flash flooding and damaging winds.
Gold bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis.
Raw materials have lost ground amid a flurry of signs the pace of expansion will slow next year.
Bullion futures held near a six-month high after topping $1,280 an ounce.
According to the new EPA analysis, the costs of complying with the rule are projected at $7.4 billion to $9.6 billion annually, while monetized benefits are estimated to be $4 million to $6 million annually.
Gold is closing out 2018 with a flourish.
This weekend, the vast central African nation is banking on a new method: the ballot box.
The price of palladium has more then doubled in the past three years.
In 2014, Barra listened to accounts of families who’d lost a member while driving in a General Motors Co. Chevrolet Cobalt that malfunctioned.
Electric utilities have already spent billions of dollars to meet the requirements.
“The path of least resistance is up.”
Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that’s lost its way as a home for gold miners.
As mining activity surges, water tables are falling amid growing environmental concerns.
As financial anxieties heighten, investors have poured about $1.56 billion into exchange-traded funds backing precious metals over the past month.
From dealing with debt to dividends, to corporate-level acquisitions and asset sales, no one plans to stay still.
Adani can start work on building the rail line to connect Carmichael to Queensland’s freight network, but cannot start building the mine just yet.
“Our lending commitments to the metals and mining sector at BMO have doubled over the last five years, and a lot of that has really been in the last couple years.”
Don’t listen to what miners say. Look at what they do.
The effective tax rate will range from 86% to 105%, with about 27,900 jobs at risk - Zambia Chamber of Mines.
It all started so well in 2018.
Until now, gold has played second fiddle to the U.S. currency as investors have sought a safe haven in the face of trade war uncertainty now, we see gold’s appeal firming.
“This is now Mark Bristow’s company and I think John knows that.”