Barrick Gold reshuffles top management team
Co-President Kelvin Dushnisky will take over as president as the world’s largest gold producer restructures management to boost efficiencies.
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Australia’s largest gold miner Newcrest back to profit
After two years of multi-billion dollar losses the company is also is getting closer to dividend territory.
German coal protesters shut down lignite mine
A group of activists protesting the use of coal in Germany were teargassed over the weekend after breaking through police lines, RT reported on Sunday.
China, Russia creating own gold market
As Western central banks continue their manipulation of the gold price in order to prop up flagging fiat currencies, two of the world's largest bullion hoarders are fashioning their own gold market which will function outside the dollar system.
Construction begins at Colombia’s first gold mine in 20 years
Red Eagle Mining (TSXV:RD) is spending $120 million to open Colombia's first gold mine in two decades.
Vale ordered to halt production at giant Amazon nickel mine
Judge also orders compensation for indigenous people in the region following protests at mine responsible for 9% of Brazilian giant's nickel output.
China’s central bank continues to stock up on gold
Amid a currency and credibility crisis The People's Bank opts for transparency by updating its official gold purchases – only the second time since 2009.
India picks worst time to resume iron ore mining — analysts
India's private iron ore producers are likley to suffer the effects of high costs, low prices and a poor export market.
Gold miners’ $1200-cost fallacy
As fear-blinded traders rushed for the gold-stock exits, they claimed their selling was rational because gold miners’ very existence was threatened by such low gold prices. But that’s a total fallacy, this sector has no problem weathering sub-$1200 gold.
