Correction over, gold and gold stocks eyeing new highs
One minute you are projecting another 5-10% downside and the next, the market has left lower prices in the dust.
Latest Stories
Mining services to target high value technologies to streamline ops and cut costs
Mine services companies will increasingly target better-performing commodities and focus on technology research and development to help miners streamline operations and cut costs as the weak mineral price environment continues to weigh on profit margins.
Anglo American declines merger offer from Vedanta
Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.
Fort McMurray wildfires eat into Imperial Oil earnings
Imperial, Canada’s No.2 integrated oil producer and refiner, posted a surprise $181-million loss in its second quarter.
Canada invests $133 million in Tata Steel Quebec-Labrador iron ore project
Deal comes at a time of improved steel demand from China and mimics an effort by the UK government to rescue Tata Steel's Port Talbot operations to save jobs.
INFOGRAPHIC: The real gold, silver and bronze count in the Olympic Medals
This BullionVault infographic looks at the gold value of each nation's summer Olympics medals.
This deal will make Newmont the world’s top gold miner
Barrick's off-loading half of the Kalgoorlie Super Pit and Newmont, its partner and operator of the iconic Aussie mine, would be the natural buyer.
Goldcorp stock pays Peñasquito penalty
Vancouver miner hammered after 32% drop in output during the second quarter blamed on operational problems at its flagship Peñasquito mine in Mexico.
Suncor burned by wildfire damages and slump in oil production
The largest crude oil producer in Canada announced net losses of C$735 million after Alberta wildfires near Fort McMurray forced its oils sands operations to be temporarily suspended back in May.
