August 12, 2012

China’s main gold miner posts gloomy results

Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic…

August 12, 2012

South Africa’s third wealthiest man owes the taxman $250 million

South Africa’s third wealthiest man and mining entrepreneur, billionaire Christoffel Wiese, it is said to owe the country’s revenue agency (Sars) an estimated $250 million (R$2 billion) in unpaid taxes.

August 12, 2012

From asbestos to ‘Plan Nord’: Canada’s Quebec sparks controversy over mining plans

Weeks after Quebec’s ruling Liberal party re-launched the province's asbestos industry with a $58-million loan to the Jeffrey mine, opposition leaders are calling the federal government to end what they…

August 12, 2012

Open-cut gold mine triggers worries for Australia’s Wombat forest

Environmentalists and the local community of central Victoria, Australia, are angry at the Department of Primary Industries for allowing Queensland-based company Fortitude Mining to go ahead with its gold exploration…

August 11, 2012

Which way will the pendulum swing for gold?

One of the most fascinating aspects when watching a sporting event like the Olympics is the historical statistics highlighting the tremendous advances in athleticism over the years. In the spirit…

August 11, 2012

Legendary Canadian gold prospector Don McKinnon dead at 83

Don McKinnon and partner John Larche played a key role in the discovery of the Hemlo gold mining camp in Ontario, one of Canada’s richest gold districts. Don McKinnon, one…

August 11, 2012

Canadian Edgewater faces criminal accusations over gold project in Spain

(UPDATED) Canadian exploration company Edgewater is facing potential criminal charges in Spain for allegedly employing highly polluting technology in its Corcoesto gold project, in the North Western region of Galicia.

August 11, 2012

Are gold miners the best way to tap gold?

“Common knowledge” can be funny sometimes in that it’s not always accurate. That reality also exists in the investment world — some of our most treasured trading axioms also are…

August 11, 2012

U.S. Forest Service approves supplemental plan of operations at Atlanta Gold project

Canadian Atlanta Gold Corp (TSX:ATG) announced the U.S. Forest Service (USFS) approved the supplemental plan of operations submitted by the company's wholly-owned subsidiary, Atlanta Gold Corporation ("AGC"), for the 900…

August 11, 2012

Excellon substantial drop in profits triggers management changes

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.