Lower gold price in rand hurts Sibanye Gold’s Q1
A higher South African rand versus the U.S. dollar was to blame for lowering Sibanye Gold's (NYSE:SBGL) net operating profit in the first quarter.
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INFOGRAPHIC: The numbers behind the world’s closest trade relationship
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
Save the jaguars! Ross Beaty gives $5 million donation
Jaguars in eight countries have Vancouver mining magnate Ross Beaty and his family to thank for helping preserve habitat corridors.
B2Gold has strong start with eye on Fekola for Q3
Mid-tier gold producer B2Gold (TSX:BTO) has had an excellent start to the year, producing more gold at lower costs than expected from its four mines in the Phillippines, Namibia and Nicaragua.
Coloured diamonds becoming everyone’s favourite, auctions show
Diamonds – and especially the fancy colored stones – continue to hold investors in thrall, and auction houses are ensuring the fascination endures with sales featuring some stunning selections.
Gem Diamonds found this high-quality 80-carat rock in Lesotho
The D-colour Type-II diamond is one of the highest-quality stones to come out of the company’s Letšeng mine.
Iron ore craters again — down 5% in only 24 hours
In Asia, trading was halted after prices sank 7.3%, which is the maximum a day allowed by Chinese regulators.
Tahoe gets 15% share flip on record quarterly cash flow
It produced 5.7 million ounces of silver from Escobal, the third largest silver mine in the world – a 17% increase from the previous quarter.
Peruvian Supreme Court rules against Newmont
The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Congo mine.