Lack of Asian buyers may keep a lid on gold price
The surge in the gold price last week has not resulted in increased buying of the precious metal by the world's two biggest gold clients: China and India.
Latest Stories
Ancient Greek silver mine unearthed
Archeologists working in Thorikos, Greece, have found a pristine silver mine that has lain untouched for over 5,000 years.
Taseko files lawsuit against Ottawa over B.C. gold and copper mine decision
Taseko Mines Ltd. (TSX: TKO) is suing the federal government in B.C. Supreme Court and seeking unspecified compensation for a 2014 decision that blocked development of a proposed $1.5 billion gold and copper deposit.
Yukon 2.0: Shawn Ryan, Rob McLeod join forces on another northern gold hunt
It was mushrooms that brought Shawn Ryan to the Yukon, but gold that secured his fortune and reputation. Specifically, soil sampling leading to the discovery of gold, millions of ounces of it.
World’s largest mining project takes $1 billion hit
Rio Tinto swung into a huge loss after writing down the value of its gigantic West Africa iron ore project, but that doesn't mean it's being abandoned.
Rio told to start buying copper mines rather than build them
Rio has a list of assets it’s keen to buy should they come up for sale, Chief Financial Officer Chris Lynch said
Argentina’s new government scraps mining taxes
President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.
Pummeled by oil bets, Freeport and Teck get some crude reward
Teck Resources and Freeport-McMoRan led a mining stock rally on Friday as surging oil prices provided relief for their foray into energy before prices tumbled.
Brazilian court blocks assets of Vale and BHP worth $120 million
The ruling seeks to ensure payment of damages related to a deadly dam rupture at a jointly owned iron ore mine in early November.
