November 8, 2012

China will back the yuan with gold: Leeb

Storied investor Stephen Leeb says he is bullish on gold in the long-term due to surging demand from the Middle Kingdom and his belief that China plans to back its…

November 8, 2012

Detour Gold starts mill commissioning and reaches 95% construction completion at Detour Lake

Detour Lake Development Highlights: Gold production to start in January 2013, project construction reached 95% completion mark at end of October.

November 8, 2012

Imperial reports 2012 third quarter financial results

Revenues were $49.2 million in the September 2012 quarter compared to $69.4 million in the 2011 quarter.

November 7, 2012

China Gold examining potential takeover of African Barrick Gold

China's largest gold producer, China Gold Group, announced yesterday that it will be accelerating its overseas acquisitions to secure resources abroad.

November 7, 2012

Kamchatka region to increase gold production by 10% in 2012

Gold production in Russia's Kamchatka region will increase by 10% YoY to 3.1 metric tons (mt) (99,700 ounces) in 2012, the local authorities said.

November 7, 2012

Randgold reports 3Q 2012 results; profit down 15% QoQ

Rangold Resources today reported its results for 3Q 2012. Profit totaled USD 121.3 million, down 15% QoQ but in line with 3Q 2011.

November 7, 2012

SA mineral resources minister warns mining firms against retrenching workers

South African Mineral Resources Minister Susan Shabangu today warned mining companies against taking "unilateral action" and retrenching workers due to the costs of recent wage hikes for mining employees.

November 7, 2012

Perched on the knife’s edge

Rampant debt, credit deflation and impotent monetary policies are fueling a bull market for gold says Jay Taylor, editor and publisher of J. Taylor's Gold, Energy & Tech Stocks.

November 7, 2012

Post-election trading made simple

Over the past two months shares of gold (NYSE:GLD) and Apple (NASD:AAPL) have had a sizable bite taken out of their share price. Active traders along with the longer term…

November 7, 2012

Congo to discuss mining code changes with companies

The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank…