November 12, 2012

Fatal earthquake collapses gold mine in northern Myanmar

A 6.8-magnitude earthquake hit northern Myanmar on Sunday, collapsing a gold mine, a bridge, damaging several old Buddhist pagodas and leaving as many as 12 people feared dead.

November 12, 2012

Gold near 3-week high on U.S. fiscal woes

Gold edged up on Monday, after posting its biggest weekly gain since late August, on safe-haven buying driven by worries the United States could return to recession if Congress fails…

November 12, 2012

BHP Billiton coal mine goes on a two-week strike

Supervisors at a BHP Billiton's subsidiary Illawarra Coal in the Australian state of New South Wales have voted to strike for up to two weeks over a pay dispute.

November 12, 2012

Yamana Gold insists on risky project in northern Chile

Canadian miner Yamana Gold Inc. (TSX:YRI) (NYSE: AUY) is refusing to give up on its plans to re-open the old “Agua de la Falda” gold mine in Chile’s northern Atacama…

November 10, 2012

Ancient gold treasures found in Thracian tomb

Bulgarian archaeologists have unearthed bracelets with snake heads, a tiara with animal motifs and 100 buttons in a hoard of ancient golden artefacts uncovered during excavations.

November 10, 2012

SEC rules against resource firms over Dodd-Frank

Oil, gas and mining companies' request to have transparency rules put on hold under 2010 financial reform act has been rejected.

November 9, 2012

Historic Archduke Joseph diamond may reach up to $25 million

The Archduke Joseph diamond, one of the world's most famous and rarest gems from Europe's aristocracy, is expected to reach up to $25 million when it goes under Christie’s hammer…

November 9, 2012

Canada may change entire temporary foreign worker program over Chinese miners controversy

Accusations of Chinese miners being dubiously brought into the Canadian province of British Columbia to work in coal mines has prompted the federal government not only to investigate the issue,…

November 9, 2012

Peruvian company acquires Canadian gold junior Andina Minerals

Peruvian precious metals miner Hochschild (LON:HOC) is acquiring Canadian Andina Minerals (TSX-V:ASM), after the junior gold miner agreed late Thursday to a friendly takeover.

November 9, 2012

Obama energy adviser says doubts about Keystone XL remain

While Calgary-based TransCanada (TSX, NYSE:TRP) remains optimistic about its Keystone XL pipeline’s prospects, given Obama administration’s focus on moving the U.S. away from its dependence on foreign oil, uncertainties around…