It's expected to fetch in the $400,000 range.
According to data compiled for the forthcoming 25th edition of SNL Metals & Mining's Corporate Exploration Strategies study, the estimated worldwide total budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.
The fate of the El Dorado gold mine won’t be resolved anywhere near this tiny Central American country. Rather, it’s being weighed by a three-judge tribunal on the fourth floor of the World Bank headquarters in Washington.
Newcrest has slashed operating costs at its Cadia Valley operations as commercial production commenced at its newly built panel cave two.
The volume of gold sold forward by mining companies jumped 61% in the second quarter after Russia's Polyus Gold added a major new hedge position, an industry report showed on Wednesday.
Randgold Resources chief executive Mark Bristow argues that the looming undersupply of gold will create opportunities for mineral-rich African countries but they will have to compete aggressively for shrinking exploration dollars.
Most people have the sense that the dollar isn’t worth what it used to be, but they may not grasp what this means in real terms.
It might not surprise you to know that the most common migrant entrepreneurs in the US by absolute numbers are Mexicans, Indians, Koreans, Cubans, and Chinese.
Changing its name to Lundin Gold.
Euromax Resources has entered into a $175 million deal ith RGLD Gold, to finance the next stages of development and construction of the company's Ilovitza copper-gold project in the Macedonia.
Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.
Preliminary assessment of one-year old blind gold discovery at True Gold's Karma property adds $118m in after-tax free cash flow to Burkina Faso project.
Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
Physical gold-backed ETFs enjoy inflows for the first time in five weeks,while hedge funds add to bullish positions after eight weeks of reductions.
Could an infectious disease kill the monster that has been choking gold and silver prices for more than a year?
Leaders of IndustriALL Global Union’s Rio Tinto Network will gather in Mongolia on 22 October to plan the next moves in the worldwide campaign to improve worker rights at the mining giant.
Barrick is ‘coming home’ to the state that helped make the company : Nevada.
Gold Fields remains on track to achieve its production guidance for the full-year 2014, of approximately 2,200,000 ounces of gold equivalent production.
Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
The union representing many miners in B.C. is warning about worker safety in the industry.
With the iShares Silver Trust (NYSEARCA:SLV) at $16 and change and falling, the precious metal is a pretty unpopular investment right now. But it's actually one of the best buying opportunities in the last 10 years.
It’s safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of the already long in the tooth bear market.
The world’s financial markets are changing dramatically with the Federal Reserve on the verge of ending its third quantitative-easing campaign.
Based on past performance of the gold price relative to trade-weighted dollar index, gold should be touching $1,000 an ounce now.
After a prolonged period of low volatility as funds invested in ever-greater risk, markets have snapped and volatility has jumped.
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