Gold exploration budget hit all-time high in 2012, but future doesn’t look rosy
Only half the total resources discovered since 1990 has been converted into reserves or put into production to date.
Latest Stories
Alberta First Nation reports two new oil sands leaks
"Our people want answers and factual information on the contamination of now, six surface releases of bitumen oil."
Clive’s Tribe: Why B2Gold’s prospects are up in an era of writedowns
“If you don’t have cash flow and credibility, you are not going to build a mine right now.”
Five Chinese miners die from poison gas in Hunan
Rescue attempt gone bad.
Japan goes nuclear-free
New applications could lead to restarts some time next year.
Hedge funds turn decidedly bearish on gold
Large speculators in the gold market cut long positions by 16%, biggest decline this year.
Is the Peruvian government becoming more mining friendly?
Explorers face a wide range of risks.
Only two miners on Forbes’ list of richest Americans
Both dropped in the rankings due to falling commodity prices.
