Bears are ripping precious metals apart
Gold price below $1,200, silver falls to 56-month low.
Latest Stories
Landslide halts rescue efforts at Turkish mine
Over 500 rescue personnel, two planes, three helicopters, 25 ambulances and 97 other vehicles continue to carry out the search and rescue work.
No dramatic turnaround in the near future, says Cabo Drilling
A 46% drop in revenues.
Weak iron ore prices cause Vale $1.44 billion loss in Q3
While the miner produced a record amount of iron ore, turmoil in currency and commodity markets overshadowed any production gains.
Goldcorp takes $36 million writedown on Mexican mine
Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.
Barrick boosts ties with China, names Woo Lee as regional leader
Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.
Atlas Copco ramps up support for rental centers
Atlas Copco has added 18 sales personnel to provide local expertise and support to its rental customer base.
The mining industry’s key risk is access to water
Mine Water Solutions in Extreme Environments to be held in April.
INFOGRAPHIC: The economic impact of a new gold mine
From the perspective of economists, the impact of a new mine is truly an interesting opportunity. It is the rare situation where we are able to take something from nature, and turn it into new wealth for a variety of stakeholders including the community and regional economies.
