On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.
Decision said to reflect trend among central banks.
Exports dropped by around 67% in April to just 15.1 tonnes.
Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.
Main power utility, Eskom, is struggling to meet demand in a country that depends on coal to generate 85% of its electricity.
This is first time Romania grants a mining license without the involvement of a state-owned enterprise.
China needs supply for its 22 operating reactors and the other 24 currently are under construction.
According to the company, the gem is estimated is worth more than $600,000 if put on auction.
Metso and its peers in a Nordic cluster of mining gear suppliers, including Atlas Corp., Sandvik and FLSmidth have been squeezed by spending cuts among miners in the last three years.
In this interview with The Gold Report, Lepouttre talks at length about some of his favorites inside and outside the gold space.
It has a “smart” pump, boom works faster, and burns less fuel.
The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.
A few years ago London's precious metals traders would arrive at their desks to find the phones flashing. On the other end of the line were rival banks looking to buy and sell gold. Today the trading floors are a lot quieter.
Legacy will be the first new potash mine built in Canada's Saskatchewan in the last 40 years.
As mining companies reinforce their push to minimise costs, original equipment manufacturers (OEMs) are at risk of losing market share if their product quality, after sales services and inventories, is not improved.
Seven out of Nordgold’s nine mines achieved a year-on-year production increase, with double digit growth at Bissa, Lefa, Berezitovy and Neryungri.
Poland's defense of coal, which has been a measure of energy independence from Russia, might actually be an asset to the Kremlin's influence.
Once again Asia drove demand, with China and India alone accounting for 54% of the total.
The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.
The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.
The commodity and mining firm is battling activists who allege its Colombian coal mines have whisked profits out of the country, while causing environmental and labor issues.
Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.
CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
The monthly global average concentration of CO2 in March was the highest since scientists began tracking this greenhouse gas in the global atmosphere.
According to the team of explorers, the silver treasure found belonged to the infamous 17th-century Scottish pirate William Kidd.
The banks is reducing its financing for coal mining projects, which now considers too risky.
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