These Aussie gold rivals just raised $74 million by selling mines to China, Canada
They had flagged they would offload some of their higher-cost local operations to focus on their most profitable mines.
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World’s No. 1 miner BHP Billiton posts $6.4bn annual loss — its worst-ever
Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.
Soros cashes in as Barrick posts best-ever first half rally
Soros Fund, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world’s biggest producer of the metal by 94% in the ensuing three months.
Putting gold miners into proper perspective
Precious metals expert Michael Ballanger reviews a number of the key elements that have characterized 2016's advance in gold, silver and the associated mining, development and exploration stocks.
Hedge funds up bullish platinum, palladium bets near record
Large scale futures speculators and PGM investors in physically-backed exchange traded funds are taking wildly different views of the outlook for the metals.
Gitxaala Nation accuses B.C. government of delaying mining site clean-up
Banks Island Gold along with its CEO and chief geologist, are facing charges for allegedly 200 kg of waste material in the streams around the Yellow Giant gold mine, near Prince Rupert, B.C.
Gold bull correction: Not an if, but when
Technical analyst Jack Chan charts indicators that confirm both the gold bull market and an impending correction.
Nazi ‘gold train’ hunt in Poland is back on
About a year after two treasure hunters claimed to have found a Nazi train in Poland, laden with gold and gems, a team of 35 researchers has resumed digging for it.
Metso inks key deal with world’s largest copper miner Codelco
To support the conversion of Chuquicamata, the largest open-pit copper mine in the world, to a large-scale underground mining operation.
