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Barrick Gold hit with fines by ASIC

Eight of Barrick Gold's Australian subsidiaries have received fines totaling AUD$127,000 for failure to lodge required documents with the Australian Securities and Investments Commission (ASIC).

Could iron ore prices stage an early comeback?

Analysts predict a recovery in the price of iron ore this month following a dive in spot prices below key lower thresholds which has left the shares of major Australian miners languishing in the doldrums.

Thousands marched against cyanide use in gold mining

Over 10,000 of environmentalists took the streets of Raub, in the Malaysian state of Pahang on Sunday, to oppose the use of cyanide at the nearby Bukit Koman gold mine, which they claim has been using the chemical compound to the detriment of their health.

Why has gold lost its shine?

Is the great gold rush over? The price of the precious metal has soared over the last decade, jumping from below $300 (£189) in 2001 to peak at $1,920 (£1,211) in September 2011. But, since then, it has fallen to around $1,660 (£1,047) defying predictions – and the hopes of speculators – that it would continue to hit new peaks during the ongoing financial turmoil.
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