February 20, 2015

Substantial amount of gold deals expected for Australia by year-end

As a result of world’s largest gold miners pulling their portfolios to pieces as a way to weather low prices and an ongoing downturn.

February 20, 2015

Video: John Kaiser proposes a new system for financing junior miners

Kaiser believes the easiest way to bolster the sector, which exists to provide capital to find and develop new mines, is to abolish Accredited Investor Exemption rules that currently restrict…

February 20, 2015

Divers find ‘priceless’ hoard of Arab gold coins

The sunken treasure includes coins of various denominations and sizes from the period of the Fatimid Caliphate, a Muslim dynasty.

February 20, 2015

Newmont cheers gold mining investors

What? No writedowns and $1.5 billion operating cashflow?

February 19, 2015

Goldcorp stock is being ripped apart

$2.3 billion charge against Cerro Negro mine in Argentina one writedown too many for battered investors.

February 19, 2015

Caterpillar mining sales down 27% worldwide in January

Latin American down the most.

February 18, 2015

Sandstorm buys Gold Royalties Corp for $5.7 million

Sandstorm Gold has entered into an arrangement with Gold Royalties Corporation, whereby Sandstorm will acquire all of its outstanding shares

February 18, 2015

Here’s one hedge fund not bailing on gold

Paulson & Co has kept $1 billion-plus holding in SPDR Gold Trust, the world's largest, steady going all the way back to the second quarter of 2013.

February 18, 2015

Comfortably numb Fed watchers push gold price below $1,200

"People seem to be numbed to any news on geopolitical concerns so the focus has become the future of the US economic environment."

February 18, 2015

PICS: Cops confiscate Eike Batista’s beloved cars, Faberge egg

Brazilian tycoon Eike Batista's riches to rags ride is a white-knuckle one.