African Barrick Gold shares hit by $727m charge and lawsuit
The mid-cap gold miner's impairment followed an operating review that also drove the company to announce $95 million of operating cost cuts.
Cecilia Jamasmie , Editor-in-Chief
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Anglo American under fire for planned gold-copper mine in Alaska
The polemic Pebble Mine project has sparked fresh opposition after BBC World News' Monday report.
Rio’s multi-million-dollar Argyle pink diamonds hit Tokyo
The Argyle Phoenix, the main attraction of the 2013 collection, may fetch over $2.5 million.
Mining projects shelved in Mexico up 40%, $8bn at risk
69 mining projects have been suspended so far this year.
World’s largest potash producers dive as Russian Uralkali breaks up marketing cartel
Main potash producers, such as PotashCorp., Mosaic and Agrium took a major hit after Russian competitor's decision that will likely undercut prices for the fertilizer.
Swiss National Bank losses $20bn due to falling gold prices
Despite the negative figure, it reported a profit of $6.2 billions for the first half of 2013.
Extensive damage but no deaths in Florida’s gas plant blasts
At least eight people were injured by a series of overnight explosions at a gas plant in the US state of Florida.
Fresh wave of violence strikes South African mines: eight dead
Clashes between illegal miners and an unexplained incident near Lonmin's Marikana mine fuel concerns of a new wave of violence across the mining industry.
Tanzanians sue African Barrick Gold for alleged deaths
Claimants allege African Barrick failed to curb the use of excessive force at its North Mara mine on a regular basis over the last three years.
Roubini still sees $1,000 gold
The cofounder and chairman of Roubini Global Economics, also known as Dr. Doom, said this week’s US Federal Open Market Committee meeting drive gold prices lower.
Kinross bets $3B on Chile gold district growth
Kinross advances one of Chile’s biggest proposed gold mines as Atacama cements its global mining hub role.