Barrick $5.5bn writedown to cut net worth 40 per cent, causing potential credit concerns
"If gold prices come down from here, that’s going to be an issue.”
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Physical demand helps gold price consolidate gains
Continued strong central bank interest will likely result in some 550 tonnes of new physical demand this year says TD Securities.
AngloGold Ashanti Selects 3D Laser Mapping System to Improve Gold Mine Safety
3D Laser Mapping has supplied AngloGold Ashanti with a high tech laser monitoring system, called SiteMonitor, to support mine survey activities and improve safety at the Geita Gold Mine in Tanzania.
Grasberg is up and running again
But 2013 output will be 20% less than planned.
Metso to deliver a significant feeder order for Buenavista del Cobre copper mine in Mexico
New service hub to be built in Cananea to assist during installation and future servicing.
Continental Gold off to the races after Colombia drill results
Toronto-based company gains 6.8% after drilling 16.7m of 58.7 g/t gold at its flagship Buriticá project.
Photo of the day: Oyu Tolgoi’s first international shipment
The Mongolian government tweeted July 9, and July 9 it was.
BHP Billiton making aggressive push for 50 billion barrels of Texas shale oil
"The world’s second largest oil field may lie in America’s ancient Permian Basin, and BHP Billiton wants a share."
Rockwell’s revenue up 31% despite lower diamond sales
Rockwell Diamonds (RDI-T) has seen some improvements in its first quarter of fiscal 2014 after refocusing on its Middle Orange River diamond projects.
