It has become economically unviable for miners to dig any deeper for the precious stones.
Navachab had gold Mineral Resources of 3.91 million ounces.
Bad blood over Simandou.
"The sector that interests me the most is the sector that’s the most out of favor."
Domestic supply can't be cut much further and Chinese steelmakers are demanding deeper discounts for lower grade imports.
South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.
Diversifying the business away from iron ore is not in Rio Tinto's cards.
The firm is offloading some of its historic South African platinum mines as part of a $4bn sale of under-performing assets.
New report says risks to supply remain substantial.
Glencore has little exposure to iron ore and the commodity has long represented the bulk of profits at the Swiss-based company's diversified peers.
Diversified giant Anglo American won't be bidding for the one of the greatest iron ore prizes anywhere in the world.
Patrice Merrin, 65, is a veteran to the industry.
Gill Marcus received a 0.4% pay rise this year, indicating that one of the most prominent opponents of excessive executive pay in Africa's most advanced economy practises what she preaches.
The three-year agreement ends the country's longest and costliest strike.
Company acknowledges the short-term outlook is bad.
Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.
The union leading the five-month strike in the platinum sector take any industrial action affecting gold producers.
But Chinese banks are starting to call in iron ore-backed loans to traders holding 38mt, forcing them to dump inventories onto already well-supplied market.
Palladium falls 2% while platinum retreats to pre-strike levels.
Goldcorp adds a cool $1 billion in market value as sector adds more than 5% on the day following a surprise spike in the gold price.
The country's ’s new mineral resources law, which is awaiting the President’s signature, faces growing opposition as the mines minister, industry and opposition seek review.
Back above $90 a tonne after soaring Indian ore import numbers lift sentiment.
China's largest gold miner, China National Gold, is actively looking for partnerships and acquisitions around the world.
Deutsche Bank has put a $1.4 billion price tag on the operations.
Firm says deal means faster gold production at flagship Pickstone project.
Commodities from coal to gold once traded in close correlation, but today the graph looks helter-skelter.
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