Freeport-McMoRan, Indonesian Union in Wage Talks
Freeport McMoRan Copper & Gold and its Indonesian union are discussing a possible pay deal to end a three-month strike that has crippled output from the world's second biggest copper mine, which would double pay for some skilled workers.
Gold Prices Struggle to Stay Near $1,700
Gold prices fell Wednesday on negative economic news from China and Europe and concerns that the U.S. economy is barely advancing.
Peru OKs Newmont Mining's Environment Plan for Conga
Peru's government said on Tuesday the environmental impact plan for Newmont Mining's $4.8 billion Conga gold project was basically sound, seeking to reassure neighbors that the proposed mine would not pollute their water supplies.
SA Miners Nix Offer from Platinum Producer Lonmin, Strike Looms
South Africa's mine workers union on Tuesday said it had rejected a revised wage offer from platinum miner Lonmin Plc on Tuesday , paving the way for strike action.
Gold Busts 4-Day Losing Streak on Safe Haven Buying
Gold prices broke a four-day losing streak Tuesday as investors worried about a possible liquidity crisis in the Eurozone sought protection for their money in the yellow metal.
Gold Back Up Over $1,700, Despite Falling Stocks
Gold prices climbed back over $1,700 on Tuesday as investors seeking safe havens sold stocks.
CME to Launch Cleared OTC Gold in Europe by Yearend
The CME Group, the world's leading derivatives market place, is on target to launch cleared over-the-counter gold in Europe by the end of 2011, and wants to boost the number of contracts it clears, a top official said on Tuesday.
Report on Livengood to be Delayed - Intl. Tower Hill Mines
International Tower Hill Mines Ltd. said Tuesday it is delaying release of a preliminary feasibility study on an Alaskan venture a few months to allow for more laboratory testing and optimization work.
Magma Metals to Spin Off Aussie Gold Projects
Mining company Magma Metals Ltd said it plans to spin off its West Australian gold projects into a new exploration company, to focus on its platinum-palladium-copper-nickel project in Ontario.
Anglo Asian Mining Sees Gosha Mine Output by '13
Anglo Asian Mining plans to produce first gold from the Gosha mine in Azerbaijan in the first half of 2013 after the successful launch of production at the neighbouring Gedabek mine, the company said on Wednesday.
AngloGold Ashanti Sees Gold Output up 27% by '15
African, Australian and Colombian prospects will play a key role in boosting AngloGold Ashanti Ltd.'s gold output to 5.5 million ounces by 2015, the world's third-largest gold mining company said Tuesday.
Gold Claws Back from Four Days of Losses
Gold prices on Tuesday clawed back four days of losses after ratings agencies decided not to punish the U.S. for its inability to cut the national debt.
Sabina Gold & Silver Doubles Back River Estimate
Sabina Gold & Silver Corp. on Monday doubled the amount of gold it estimates is at its Back River project in Nunavut, Canada.
Gold Plunges 2.7% on Sovereign Debt Fears
Gold hurtled toward a one-month low Monday as fear that neither the U.S. nor Europe are able to tackle their sovereign debt problems drove investors to the dollar.
Gold Prices Tumble More Than 2%
Gold dropped more than 2 percent on Monday, hit by margin selling related to an equities sell-off that stemmed from mounting fears about government debt in Europe and the United States.
SA Official: Nationalization of Mines Not Govt Policy
A top South African government officials says that nationalizing the nation's mines is not likely, according to reports.
Gold Falls Below $1,700, Support Seen at $1,680
Gold prices tumbled below the psychologically significant $1,700 level Monday as fears that neither the U.S. nor Europe appear able to make progress on their sovereign debt problems drove investors to the dollar.
Silver Mining Company Shares Plunging
Silver mining company shares plunged Monday, in many cases falling more sharply than the broader stock market or the price of silver itself.
Alexandria Minerals Finds Additional Gold at Akasaba
Alexandria Minerals Corp. discovered gold about 60 miles northwest of Montreal at the company's Akasaba gold project in Val d'Or, Quebec, the Toronto-based company said Monday.
Harmony Gold to Restart South African Mine
Harmony Gold said on Saturday a miner who was trapped underground at its Kusasalethu mine in South Africa after a fall of ground has died and that all operations remained suspended pending an investigation.
Hecla Mining Backs Full-Year Production Outlook
Hecla Mining Co. backed its full-year production outlook on Monday despite the suspension of work at its Lucky Friday silver mine in Idaho, where a contractor died in an accident last week.
Silvercorp Metals Buying SX Gold Mining for $22.75M
Silvercorp Metals Inc said it will buy China's SX Gold Mining Company for about $22.75 million.
Gold Resumes Fall, Down More Than 5% Since Nov. 8
Gold prices fell Monday as technical factors and increased demand for the U.S. dollar outweighed otherwise bullish forces.
Gold Steady after Biggest Weekly Loss Since September
Gold traded steady on Monday after its biggest weekly loss since September, as investors remained cautious even after Spain's center-right opposition won a landslide victory in the election and is expected to launch drastic austerity measures.
Gold Plunges 3% on Fears of Spreading Eurozone Crisis
Gold plunged three percent Thursday after ratings agency Fitch warned U.S. banks are dangerously exposed to contagion from the spreading Eurozone sovereign debt crisis.
South African Stocks Down on Weak Mining Results
Disappointing figures from South African firms such as Impala Platinum and investment bank Investec put a dampener on stock prices, dragging the blue-chip top-40 index nearly 1 percent lower on Thursday.
Gold Prices Fall to One-Week Low on Eurozone Fears
Gold fell to a one week low on Thursday as fears that the euro zone debt crisis could spread from peripheral to core economies kept investors nervous and prompted some to liquidate profitable positions to cover losses in other asset classes.
Gold Prices Fall 1.7%, Eurozone Contagion Hits Spain, France
Gold prices fell Thursday as contagion from Europe's sovereign debt crisis began engulfing the continent's once-mighty economies.
Investors Lift Global Gold Demand 6% in 3Q - WGC
Gold demand climbed six percent this summer to an all-time high in dollar value as rising investment demand offset falling jewelry sales, the World Gold Council said Thursday.
Rising Investor Demand to Lift Silver to $50/Oz. in '12
Growing investor demand for silver will help boost its price above $50 per ounce by the end of next year, a top official at Thomson Reuters GFMS said Wednesday.
