Winners were few and far between Friday, but punters couldn't resist Nevsun Resources stock after low-cost high-grade Eritrea mine delivered on all counts.
The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.
Midtier producers will soon be desperate to buy low-cost, high-quality deposits.
Philippe Mellier will address a special all-day session focused on issues associated with the Kimberley Process.
Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.
Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.
The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.
Canada’s Platinum Group Metals Ltd. (PTM) says its low-cost South African projects will benefit as competitors shut down old unprofitable mines, slashing global output by as much as 35 percent.
The increased mining tax framework included in Zambia's 2015 Budget earlier this month has been subject to criticism as, according to the Chamber of Mines of Zambia (CMZ), it will reduce the country's attraction for mining investment and reduce employment.
The amount of gold produced by the Democratic Republic of Congo is on track to be four times the amount produced last year, thanks largely to the opening of the Kibali gold mine in May.
Randgold owns and operates the Morila, Loulo and Gounkoto gold mines in Mali.
Resource scarcity and human rights issues surrounding metals extraction, coupled with unrelenting global demand mean the industry is facing some tough realities.
The move is seen by analysts as an attempt to strengthen the firm’s image.
Tanzania's largest gold miner reported a 17% jump in third-quarter core profit, and said it anticipates full-year costs at the lower end of it target range of $1,100-$1,175 per ounce sold.
Frank Timis has got $20 million to acquire the mine bordering its own iron ore project Tonkolili.
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.
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.
The miner intersected multiple potash seams at the second exploration drill hole at its Lac Dinga potash project.
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.
Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.
The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.
Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.
Big three successfully defending their oligopoly says new report.
Bankrupt London Mining's Marampa mine in Sierra Leone hit by iron ore price falls, slow ramp up and viral outbreak.
Those calling a market bottom after Monday's surge and Chinese import gains may have been premature.
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