World’s most valuable gold miner Goldcorp posts sharp profit drop
But it said it has developed a “contingency plan” to defer capital spending if conditions in the gold market require it.
Cecilia Jamasmie , Editor-in-Chief
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More than 60 Sudanese gold miners killed in well collapse
Gold has become a key commodity for Sudan since the oil-rich south seceded nearly two years ago.
Italy should use gold-backed bonds as an alternative to austerity: WGC
The strategy would be a more remedial answer for countries facing financial challenges than outright gold reserve sales, says the organization.
Uranium miner Cameco profit dives 93%
While a decline in profit was expected, Cameco’s figures were beyond analysts’ estimates.
Collapse of equipment makers adds fresh evidence the mining boom is over
Analyst warns that major mining companies’ current focus on returns will reduce supply growth and lead to higher commodity prices.
Arizona to be second state in the US to legally accept gold, silver as tender
The law, however, would not force businesses to accept either of them as a form of payment.
INFOGRAPHIC: Is this how Bitcoin’s 15 minutes of fame ends?
An underground online marketplace that attracts about 20% of the global bitcoin trade is being held ransom by hackers.
Resource sector boosted Canadian economy growth in February
The mining sector contribution to Canada’s GDP grew 6.4% as a result of a significant increase in output at potash mines.
Uranium mine by the Grand Canyon to reopen despite Obama’s ban
Canadian Energy Fuels Resources aims to restart its Canyon Mine by 2015.
Coal plant emissions in India killed 115,000 in a year
Study shows they also caused additional health issues such as an alarming increase of heart attacks.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
