April 28, 2015

Majority of Barrick’s shareholders rejects compensation plan

As much as three quarters of investors voted in favour of a non-binding motion to change the way the gold giant compensates its executives.

April 28, 2015

What’s behind El Salvador’s massive gold reserves sale?

Analysts are not sure what to make of El Salvador’s recent move that saw its central bank sell about 80% percent of its gold reserves last month.

April 28, 2015

Barrick begins sale of stake in Chile’s Zaldivar copper mine

Chinese companies, private equity firms including Mick Davis’s X2 Resources, and even Teck Resources are rumoured to be among the potential buyers.

April 27, 2015

Iron ore recovery gives miners breathing space

Prices for the steel-making material added Monday US$1.28 or 2.17% to US$59.09 a tonne, taking its gain since bottoming on April 2 to 25%.

April 27, 2015

Life coming back to the global exploration sector

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

April 26, 2015

China is burning through its natural resources

China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.

April 24, 2015

Iron ore price enters bull market

After a stunning week of gains iron ore is now trading 22% above record lows hit early April.

April 24, 2015

Barrick faces fresh opposition to executive pay plan

The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.

April 24, 2015

China scrapping rare earth export tax will boost demand — Lynas

Beijing had been widely expected to eliminate tariffs and quotas on rare earth shipments after a World Trade Organization panel branded them discriminatory last year.

April 23, 2015

Newmont Mining earnings are 50 pct higher in Q1

Outlook is unchanged.