World's five largest mining companies together have lost an astonishing $570 billion in market value since 2011–the worst period of performance since 1966.
Summer months are the deadliest.
Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.
Small-scale or artisanal mining is responsible for producing around 400 tonnes of gold a year worldwide. It supports 160 million people, including about 16 million who are directly involved in mining. But because most small-scale miners rely on mercury to extract gold (big mining companies no longer use mercury), the waste runoffs from the mines end up polluting the air and nearby waterways.
Mining investment in Australia is forecast to fall a further 58% the next three years.
The Donlin deposit holds an estimated 33 million ounces of gold, which would be extracted over the expected 27-year operating life of the open pit mine.
When the instinct is strongest to curl up in a ball and wait out the ravages of the down market is also when smart companies snap up distressed projects and get to work while capital costs are low.
First there is monetary inflation, then there is asset price inflation, and the final stage will be consumer price inflation.
The Chinese yuan is gathering prestige in the eyes of the International Monetary Fund, a move that could set off alarm bells in Washington.
Pressured once again by the belief that the Federal Reserve will hike interest rates next month.
The bitcoin ecosystem – the areas of the bitcoin world and a few of the companies that inhabit it, with thoughts from their leaders.
Gold purchases during the all important festival season set to be lowest since 2007, as two years of drought erode rural Indian's buying power.
Underground scoop operator has died.
The company said it would announce a final decision on the matter early next year.
While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.
For nearly five centuries gemstones have been synonymous with wealth, power, luxury and royalty.
But when will the bear end?
Gold-copper ratio highest since 2011
New study says in a post-China boom world geological shortage becomes a stronger driver of prices than demand – and even coal will need new mines.
Platinum remains at record discount to gold.
HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.
The coins’ excellent condition indicated that the owner systematically stashed them away shortly after they were made, the archaeologists said.
The 50/50 joint venture, momentarily named Project Corridor, is expected to help slash development costs as metal prices have dropped to multiyear lows.
Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery.
Small-scale miners are being forced out at gunpoint or extorted to work for the armed groups that are taking over their operations. These gangs later sell the gold in the U.S., a report reveals.
The ongoing slump in copper prices spells trouble for Chile's mining industry, where most medium-sized producers are already unable to make a profit.
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