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Gold mining, investment and price news

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INFOGRAPHIC: Gold exploration in Nevada

MINING.com Editor | May 23, 2013
Nevada gold infographic

A look at 20 exploration companies.

Geologists discover new gold-copper mine in China

Kerry Hall | May 22, 2013
Chinese gold ingot

The resources is said to hold about 53 tonnes of gold and 31 tonnes of copper.

Sprott is bullish on silver and gold equities

The Gold Report | May 22, 2013
Silver and gold bars

Hopes retail buyers choosing to own the physical metal will lead to higher market prices for both metals.

Gold exploration activities drop 55%

Vladimir Basov | May 22, 2013
Gold bear

IntierraRMG report says gold exploration activity has been trending downward for more than a year.

Jordan Roy-Byrne - The Daily Gold

Six reasons why gold stocks will begin a huge rally

It’s been a tough road for precious metals but the path ahead has strong potential.

Federal Reserve chief shows no signs of ending stimulus policy

Cecilia Jamasmie | May 22, 2013
Federal Reserve chief shows no signs of ending stimulus policy

He says the central bank's easy-money policies are still necessary.

Copper peaks to six-week high on supply concerns due to Grasberg suspension

Cecilia Jamasmie | May 22, 2013
Copper peaks to six-week high on supply concerns due to Grasberg suspension

It reached $7,525, its highest level since April 12.

INFOGRAPHIC: Gold production costs around the globe

Anthony Halley | May 22, 2013
Gold production infographic

Production costs and big upcoming gold projects.

John Paulson-backed Detour Gold raises $153 million for Ontario mine

Anthony Halley | May 22, 2013
Northen lights at Victor Camp, Ontario

Detour Lake gold mine is expected to hit production by 2013 Q3.

Fiji moves toward deep sea mining tests

Anthony Halley | May 22, 2013
fiji

Tests are expected in the next two or three years.

Tanzania has enough diamond supply for the next 50 years: report

Cecilia Jamasmie | May 21, 2013
Tanzania has enough diamond supply for the next 50 years: report

Tanzania’s main diamond mine, Williamson, has a potential mine life of over 50 years, although the current mine plan only accounts for 18 years.

Commodity supercycle is essentially over: Citigroup

Cecilia Jamasmie | May 21, 2013
Commodity supercycle is essentially over: Citigroup

Group expects 2013 to be year in which “the death bells ring for the commodity supercycle after its duly noted sunset.”

Gold slips under $1,377 in wake of Bernanke, Fed’s minutes

Cecilia Jamasmie | May 21, 2013
Gold slips under $1,377 in wake of Bernanke, Fed’s minutes

Increasing fears that the Fed is planning to halt bond-buying scheme dent gold's appeal.

Gold supply and demand fundamentals for Q1 2013

Market Oracle | May 20, 2013

The volume decline was driven primarily by 177 tonnes of outflows from ETFs, versus inflows of 53 tonnes last year.

Gold drops on record bear bets as silver slumps to 32-month low

bloomberg | May 20, 2013
Gold prices down

Gold extended its longest slump in four years while silver tumbled to the lowest level since Sept. 2010.

A primer on reading drill result press releases

The Gold Report | May 20, 2013

Geologist Brent Cook suggests investors will have an easier time distinguishing good drill results from bad if they know how to dissect a company's press releases.

Precious metals markets edgy

Interest.co.nz | May 20, 2013

The gold price has opened this morning at US$1,345 / oz and has given up almost all its April gains.

Gold prices to go lower before rebound: Bank of America

MINING.com Editor | May 20, 2013
Big gold bars

VIDEO: Bank of America analyst discusses the outlook for gold and silver.

United Nations publishes first plan for deep sea mining

Kerry Hall | May 20, 2013
Small sea bed

Companies could apply for mining licences as soon as 2016 to extract gold, copper and more.

Ghana creates new task force to fight illegal mining

Kerry Hall | May 20, 2013
Over 300 illegal miners died in Ghana in the last two years

Government vows to pursue both foreigners and locals involved with bad practices in gold and diamond extraction.

Metals weak while market marches on

In time we will see a great buy emerge but having patience and waiting for the right buy point is key.

The problem with gold

The primary trend is upward sloping.

South Africa's National Mineworkers Union proposes big wage increases

Kerry Hall | May 19, 2013
National Union of Mineworkers

NUM wants earnings to go up from $530 to $850 per month for underground workers.

Chris Vermeulen - TheGoldAndOilGuy

How to spot and time stock market tops

Some of the things I look at when thinking about a counter trend trade like picking a top within a bull market.

A good year for tonnage in 2013: World Gold Council

MINING.com Editor | May 19, 2013
Marcus Grubb

VIDEO: Marcus Grubb, managing director of investment research, discusses global demand for the yellow metal.

Haiti revising outdated mining laws

Kerry Hall | May 19, 2013
Haiti mountains

The World Bank is assisting the government to revamp legislation from 1976.

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