Talks between Barrick Gold Corp. and Newmont Mining Corp. over a deal that would have combined the world’s two largest gold producers may have broken down, but that doesn’t necessarily mark an end to their potential merger or consolidation among metals miners struggling to cope with challenges in the sector.
A Gallup survey shows Americans picked real estate as the cream of the the long-term investment crop. Their other choices were gold, stock and mutual funds, savings accounts and CDs, or bonds.
Pacific Potash is engaged in the exploration and development of the Amazonas Potash Project and the surrounding potash claims targeting the Middle Amazonas Potash Basin.
Gold futures posted modest losses on Friday, paring their gains for the week after a nearly 2% climb a day prior, as investors grew wary ahead of a long U.S. holiday weekend.
Question: If Alcoa misses Tuesday's Wall Street’s profit target is that a troubling sign for the rest of corporate America and the stock market, which has yet to take a haircut despite declining profit expectations for the third quarter?
Golden Arrow Resources Corporation CA:GRG +5.45% , "Golden Arrow" or the "Company") is pleased to announce the signing of a definitive purchase agreement (the "Agreement") regarding the sale by Golden Arrow and purchase by Premier Gold Mines Limited (pg:TSX)(pg:"Premier Gold") through its wholly-owned subsidiary, Premier Royalty Corporation ("Premier Royalty"), of a 1% NSR on Yamana Gold Inc.'s Gualcamayo Gold mine (the "Royalty").
Rio Tinto PLC RIO -2.50% has unveiled its latest iron ore mine development plans to start the construction next year of its Turee Syncline project in Western Australia, according to referral documents posted Friday on the Australian government's environmental website.
Canadian mining company Barrick Gold Corp. (ABX, ABX.T) is hoping to extend the mine life at its Peru operations as it aims to increase reserves through exploration projects, said Darrell Wagner, the general manager of local subsidiary Minera Barrick Misquichilca SA.
Gold futures advanced Tuesday, erasing some of their recent losses as concerns about the euro zone eased, weak housing data added more pressure to the dollar, and most other commodities traded higher.