Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the third quarter, data showed, dampening sentiment in the gold market on Tuesday.
Gold prices fell for a second day Tuesday on growing evidence that Europe's two-year sovereign debt crisis is spreading into the continent's core economies.
Goldcorp said on Monday that the Quebec government has given the green light to its Eleonore project, allowing Canada's second largest gold producer to start full construction at the mine in Northern Quebec.
Gold closed slightly lower Monday as resurgent worries about Europe's finances drove investors to sell stocks and buy dollar-denominated assets, not including gold.
Ivanhoe Mines said on Monday that construction at its Oyu Tolgoi copper-gold project in Mongolia will be 70 percent complete by the end of 2011, with commercial production seen in the first half of 2013.
Shares of gold and silver mining companies were down Monday, falling more than the broader stock market or the price of the precious metals themselves.
Inflation has raised the cost of a gold mine in northeastern Ontario by 13 percent, Detour Gold Corp. said Monday.
Nevsun Resources Ltd posted a quarterly profit as gold production at its Bisha gold mine in Eritrea rose sequentially.
Norilsk Nickel, the world's largest nickel and palladium producer, said on Monday that it has successfully defeated all claims made by UC RUSAL against it in a court in the Caribbean's St. Christopher & Nevis.
Retail investors are keeping a floor on prices for gold, silver and platinum with their increasing purchases of shares of exchange-traded products (ETPs) backed by precious metals.
U.S. Silver Corp.'s third-quarter profit skyrocketed on higher silver prices, the Toronto-based company said Monday.
Brigus Gold Corp. swung to a profit in the third quarter as higher prices offset lower production, the Halifax, Nova Scotia-based miner said Monday.
Lonmin, the world's third-largest platinum producer, beat expectations with a 59 percent jump in full-year earnings, even though a strike at its Karee operations drove up unit costs and forced the miner to cut its output target.
Harmony Gold , South Africa's third-largest gold producer, said on Monday it had received a number of enquiries and proposals from parties interested in acquiring its assets in Papua New Guinea, but it was not ready to sell.
Miners in Africa's top copper producer Zambia may have to scale down in the face of a move to raise royalties by the new government of President Michael Sata, the general manager of the country's chamber of mines said on Monday.
Gold prices fell Monday on tentative optimism the sovereign debts of Italy and Greece can be managed without crashing Europe's banking system.
Gold traders in India stayed away from fresh physical buying as futures prices extended gains to near last week's peak.
Canadian gold miner IAMGold (IMG.TO: Quote) is on the look-out for acquisitions and while it is not itself up for sale, its chief executive said on Friday it does represent good value right now.
Gold prices rode a roller-coaster this week, topping a peak midweek when the settled at $1,799.20 before plunging 2.2 percent over the next two days on fears Italy had lost control of its finances and was threatening the Eurozone's survival.
Peru said on Friday that it will crack down on violent anti-mining protesters after clashes with police injured 40 people, the first skirmishes since President Ollanta Humala took office vowing to defuse conflicts over natural resources.
Claude Resources Inc. said Friday its third-quarter profit fell as a one-time loss on derivatives and lower production offset higher prices.
Osisko Mining reported a quarterly profit on Friday as production ramped up at its Canadian Malartic mine in Quebec and high gold prices boosted revenue.
Crocodile Gold Corp reported a quarterly loss, hurt partly by higher costs, and lowered its production forecast for 2011.
Zambia's new government unveiled an expansive 2012 budget on Friday, with big increases in social spending and farming subsidies to be paid for by a rise in mineral royalties and a debut $500 million Eurobond.
Gold producer Centamin Egypt Ltd said it plans to set up a new parent company, to be redomiciled in Jersey, that it hopes will attract further international investor interest.
Canadian gold miner IAMGold is on the lookout for acquisitions and could put itself up for sale, its chief executive said on Friday, adding economic uncertainty could drive bullion above $2,000 per ounce.
Gold is returning to its traditional role as a safe-haven investment and starting to break its recent link with the stock market, UBS strategist Edel Tully said Friday.
Gold prices edged up Friday as a bump in sentiment about the Eurozone crisis encouraged a move into stocks and the continent's single currency.
Gold prices fell Thursday, their third consecutive daily decline, as investors facing margin calls sold the yellow metal to raise cash.
Gold fell on Thursday, on track for its biggest one-day loss in two weeks, as fearsabout political turmoil in Italy and a deepening euro zone debt crisis prompted investors to raise cash by liquidating somepositions in the bullion market.