Harmony Gold’s mine halted after deadly accident
Drilling at Harmony Gold’s Kusasalethu mine, in western Gauteng, was halted on Monday after a worker was killed and another injured in a blasting accident.
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Osisko Mining buying Queenston in $550-million deal
Canada’s Osisko Mining Corp. (TSX:OSK) announced Monday it will buy Queenston Mining Inc for about $550 million to get access to gold-rich properties in the Kirkland Lake area in north-eastern Ontario.
Shale will make the U.S. world’s top oil producer
The United States will surpass both Saudi Arabia and Russia becoming the world’s top oil producer by 2017, says the latest yearly world energy outlook published Monday by International Energy Agency (IEA).
Fatal earthquake collapses gold mine in northern Myanmar
A 6.8-magnitude earthquake hit northern Myanmar on Sunday, collapsing a gold mine, a bridge, damaging several old Buddhist pagodas and leaving as many as 12 people feared dead.
Gold near 3-week high on U.S. fiscal woes
Gold edged up on Monday, after posting its biggest weekly gain since late August, on safe-haven buying driven by worries the United States could return to recession if Congress fails to reach a deficit-reduction deal.
BHP Billiton coal mine goes on a two-week strike
Supervisors at a BHP Billiton's subsidiary Illawarra Coal in the Australian state of New South Wales have voted to strike for up to two weeks over a pay dispute.
Yamana Gold insists on risky project in northern Chile
Canadian miner Yamana Gold Inc. (TSX:YRI) (NYSE: AUY) is refusing to give up on its plans to re-open the old “Agua de la Falda” gold mine in Chile’s northern Atacama region, a particularly sensitive area in terms of energy costs.
Busy start to festival as India gold ETF trade jumps 81%
The Mumbai exchange recorded an impressive jump in volumes of gold ETF units traded in a special session held on the first day of Diwali.
Latest delay at Barrick’s Pascua Lama could extend for ‘weeks’
$8.5 billion and counting.
