Eldorado Gold down 18% on awful outlook
Vancouver gold miner forecasts minimum 80,000oz dip in output this year even as costs at mines in Greece, Turkey and China surge as much as 28%.
Latest Stories
Gabriel Resources says Romania holding gold project ‘hostage’
The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.
Gold climbed past the $1,300 mark for first time in five months
But it lost its gains right after two ECB officials said policy makers would propose purchasing 50 billion euros in assets per month through the end of 2016.
Global mining sector ended 2014 on a disappointing note: report
December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.
China’s alleged intentions to mine Antarctica spark global debate
New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.
Swiss franc farce may be gold price tipping point
Past policies of the Swiss National Bank towards gold backfired badly. But last week's fiat money fiasco could be the real game changer.
BHP breaks production records, but copper output drops
World number one miner BHP Billiton achieved record production for eight operations and five commodities over the last six months.
Shares in first California Mother Lode mine in 55 years soar 180%
TSX-Venture junior Sutter Gold Mining cannot explain the sudden surge in more than 10-times usual trading volumes.
Gold price goes for $1,300
Six-month high on safe haven buying as European worries roil markets.
