Gold stocks’ autumn rally 2
The gold miners’ stocks have suffered a lackluster year so far, mostly lagging gold’s solid new upleg.
Latest Stories
South Africa’s mines minister withdraws plan to suspend rights
South Africa's mineral resources department has withdrawn its plan to impose a moratorium suspending the issuance of new mining and prospecting rights, which had drawn a court challenge by an industry group.
BHP presses for cheaper power ahead of Olympic Dam mine expansion
BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday.
Top gold fund SPDR marks steepest monthly fall in more than 4 years
SPDR Gold Trust, the world's largest physically-backed gold fund, saw its holdings drop more than 7 percent in July, as investors dumped bullion for other assets like equities and led it to its biggest monthly decline since April 2013.
Warnings for safety violations at newly opened coal mine in Canada pile up — report
Donkin coal mine, in Cape Breton, has had at least 10 compliance orders and 29 warnings since it began producing in February, a report claims.
Lucara Diamond lowers output target for the year, but pays divvy
The Canadian diamond miner now expects to produce between 265,000 carats and 285,000 carats, compared with the previously targeted 290,000-310,000 carats.
Russia’s Alrosa searching for 16 miners missing after accident
A total of 102 miners have been brought to the surface and another 33 miners have been located in the mine in Yakutia in eastern Siberia and are being evacuated.
Surprise! Gold prices have beaten the market so far this century
Spot gold finished July up more than 2 percent, its best month since February, when it returned 3.7 percent.
Global demand for gold drops 14 pct in first half of 2017 –WGC
Global demand for gold fell 14 percent in the first half of this year due mainly to a sharp decline in purchases by exchange traded funds, the World Gold Council said in a report on Thursday.
