The union representing about a third of nearly 100,000 gold miners in South African labour talks, has rejected an offer of a 13-percent pay rise.
Centerra Gold (TSX: CG) posted a profit in the second quarter, amid a sea of red for gold miners hurt by lower commodity prices.
Frank Callaghan has won praise for his persistence, but critics question his expenditures (Second in a two-part feature on Barkerville Gold Mines)
Shares in Vancouver's Pretium Resources jump on news construction of super high-grade Brucejack gold-silver mine near Alaska border can now start.
Endeavour Mining shares jump 10% after Vancouver firm slashes debt as mines in Cote d'Ivoire, Mali, Burkina and Ghana mines throw off cash.
The action has triggered severe criticism, with many are accusing authorities of an excessive use of public force.
I think it's time for gold to throw the shorts a curveball. By that I mean the bears have gotten way to comfortable, and selling every rally has become "easy money".
South Africa’s top gold producers believe it is highly likely that unions agree to take the latest pay offer presented to them, marking the end of almost 5 weeks of negotiations.
Following a dramatic midnight raid on gold prices last week, Mike Gleason reached out to Chris Powell, Secretary Treasurer at the Gold Anti-Trust Action Committee to discuss possible gold price manipulation.
Family-controlled Antofagasta is surprise buyer of Chile copper mine.
Amid worst slump in over six years, ruling party of South Africa calls shaft closures and layoffs "unpatriotic" as unions gear up for another brutal fight.
In this interview with The Gold Report, Kaip names two seniors as Sector Outperformers, and touts the virtues of a half-dozen undervalued near-term gold and silver producers.
Today's giant infographic does an excellent job summing up the crisis from beginning to end – it's the only infographic you need to understand it all.
While the world can count dozens of important currencies, when it comes to top line financial and investment discussions, the currency marketplace really comes down to a one-on-one cage match between the two top contenders: the U.S. Dollar and the Euro.
The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.
Analysing the privacy impact of legislation, and the legitimacy of that impact, requires first to focus on the objective and scope of that legislation.
Wall Street legend Jim Grant says it's a Krugerrand and he's "very bullish indeed" on the gold price.
World's fifth largest gold miner reports decline in production, $83m net loss and a rise in costs but $1 billion in cash will please investors.
Not closing and the spill was not toxic.
Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group.
A fresh survey of mining industry leaders is predicting more mine closures and job cuts as the prices of commodities like iron ore and coal decline.
Following last year’s resignation of founder and former CEO Frank Callaghan, the company brought in a new CEO – Tom Obradovich, a key player in Aurelian Resources Inc., which was acquired by Kinross Gold Corp. (TSX:K) – and is now trying to write a new chapter in the Barkerville saga.
The Kimberley town, which sparked the late 1800s Western Australian gold rush, is seeing a rebirth of the industry.
Randgold Resources is gearing up to take over the underground mining operations at Loulo’s Yalea and Gara mines in line with its continuing drive to reduce costs and develop a multi-skilled Malian mining team.
Gold is doomed. That seems to be the message being deliverd by several analysts who predict prices for the metal will hit fresh historic lows by the end of 2015.
On 1st anniversary of North America’s worst mine waste disaster, failures shown to be global trend attributable to industry & regulatory failure to implement best practices.
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