Billionaire Soros scoops up $264 million stake in world’s largest gold miner
Fund now owns a 1.7% stake in Canada's Barrick Gold.
Latest Stories
Aussie firms back push to drive Argentina to world No 2 lithium supplier
There are fresh opportunitis to explore for new lithium resources in the rich Latin American
footprint, says Latin Resources Managing Director, Chris Gale.
Chilean mining powerhouse looks to new options to emerge from global mining slump
Chile says the country has now adopted a proactive stance to reduce foreign investment barriers in its mining sector as it joins a plethora of mining jurisdictions worldwide battling to mitigate the resources downturn.
Canadian oil sands camps evacuated as wildfire shifts north
Forest fires in Northern Alberta have forced additional evacuations at several major operations.
Rio Tinto forges ahead with Simandou, the world’s largest mining project
The massive Simandou project, in Guinea, is considered the world's biggest untapped iron ore deposit.
Australian company plans coal mine in Poland
Australia's Prairie Mining has confirmed its intention to open a coal mine in southeast Poland by 2023, saying it was confident the $632 million (558 million euro) project would be profitable, a report said Monday.
Mining deals plummet in value as commodities bust continues
A new report by accounting firm Ernst & Young has found that the value of deals globally plunged by 45 per cent over the year to March to $US3.3 billion ($4.5 billion) in the first quarter of 2016.
Correction or final push higher?
Despite maintaining an overbought condition and despite the recent bearish posture of many sector pundits, the gold stocks have yet to correct more than 11%.
ETF pile-on continues as gold gains for second straight day
Gold bugs continued to pile into gold ETFs on Monday, as the yellow metal gained for a second straight day.
