August 10, 2015

EPA-triggered mine spill in Colorado triples in volume

About 3 million gallons of toxic wastewater, triple previous estimates, have poured from an old Colorado gold mine into local streams since Wednesday last week.

August 10, 2015

Gold miners’ stocks just aren’t that special

Beware gold bugs bearing cheap equities… Thanks to gold’s swift descent, mining stocks have been crushed in the past month. But bargain hunters should tread carefully.

August 9, 2015

South Africa’s Zuma asks mining companies to limit job cuts

South Africa President Jacob Zuma asked mining and steel companies to limit job cuts as falling commodity prices put profits at risk.

August 9, 2015

Codelco says over $15 million in damages due to strike at Salvador mine

Codelco, the world's No.1 copper producer, confirmed it will start legal actions against protesters this week.

August 9, 2015

BHP Billiton axing other 380 jobs at its Olympic Dam

The cuts represent 14% of what was once a 4,300 workforce.

August 9, 2015

British investment fund to buy Anglo’s mines in Chile

According to local newspaper El Mercurio, the unnamed fund is buying Anglo's Mantoverde and Mantos Blancos copper mines.

August 8, 2015

EPA’s blows it — causes massive mine wastewater spill at Colorado rivers

While the U.S. Environmental Protection Agency was investigating pollutants at an old gold mine, it accidentally released an estimated one million gallons of mining waste into a creek.

August 7, 2015

Has the gold price finally got the rate monkey off its back?

Jobs report supports September rate hike. Gold price jumps $17 an ounce.

August 7, 2015

South Africa’s main gold union snubs final pay offer

Talks are set to resume on Wednesday, Aug. 12.

August 7, 2015

China is hiding gold… lots of it

While analysts keep trying to answer the burning question of how much gold China really has, the most recent theory indicates that it's at least 9,500 tonnes.