Chilean court formally suspends Barrick’s $8.5bn Pascua-Lama
The company must build infrastructure to prevent contamination of water supply.
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Canada Rare Earth covets US site for potential refinery
Company moves forward with purchase of 100-acre site.
AngloGold to take $2.6 billion charge, dump marginal ounces
"All business plans, reserves and resources will be revised and optimised to reflect lower gold price assumptions."
SGS awarded operational contract for Endeavour Mining lab
Company will design, equip and operate the laboratory to provide sample preparation and analysis in support of mining and processing.
Yawning gap between wage demands and offers in South Africa
Companies offer 4% increase; unions demand 60%.
Gold price jumps to 3-week high after US data disappoints
Optimism about the US economy may have been premature.
Illegal miner exodus: thousands of Chinese leave Ghana
Almost 5,000 Chinese have left the country since the government crackdown on illegal miners began.
China’s economy on track for slowest growth in 23 years
"Manufacturers will continue to hurt and construction will slow unless the government steps up."
Steve Forbes on the gold standard and gold investing
"If the politicians do things right, then you can invest your money in productive assets, instead of trying to defend what you have."
