Palladium Producer Norilsk Nickel Reports Falling Profit
Russian metals giant Norilsk Nickel posted a 22 percent fall in first half profit on Friday after taking a one-off hit from the disposal of its loss-making electricity unit.
Three Killed at Freeport-McMoRan's Indonesia Mine
Three people were killed on Friday at a gold and copper mine run by PT Freeport Indonesia, a unit of U.S miner Freeport McMoRan , local police in Mimika in the Indonesian province of Papua said.
Polyus Gold Output Rises 16% in First Nine Months of '11
Russia's top gold miner Polyus Gold said on Friday its output of the precious metal rose 16 percent year on year to 1.1 million ounces in the first nine months of this year.
Top 10 Commodity Stocks 2011: What UBS is Advising Clients
Swiss investment bank UBS disclosed Friday its top 10 commodity stock picks, all of which fall into one of four categories, thermal coal, iron ore, gold and merger and acquisition opportunities.
Republic Gold to Sell its Far North Queensland Assets
Australia-based Republic Gold Ltd. said Friday it will sell its assets in far north Queensland to Territory Minerals Pty. Ltd.
Gold Prices Take One Step Forward, but a Sentiment Change May Mean Two Steps Back
Gold prices ticked up Friday as market sentiment swung back towards risk and away from safety, but there was little evidence the yellow metal was ready to break out of recent trading limits.
Gold Edges Higher in Asian Trading
Gold was slightly higher on Friday and headed for its biggest weekly gain in more than a month, shrugging off the credit rating downgrade of Spain ahead of a G20 meeting whose agenda will be dominated by the euro zone debt crisis.
Gold, Silver and Precious Metals Miners Edge Higher in After-Hours Trading
Gold and silver prices rose modestly in electronic trading late Thursday, helping lift shares of some companies that mine the precious metals.
Gold Prices Fall with Stocks, Commodities
Gold fell nearly one percent and silver dropped three percent as precious metals followed the stocks down in a generally gloomy outlook for U.S. and European economies.
BNP Paribas Cuts Gold Price Outlook for '11 through '13
BNP Paribas cut its gold price forecasts for 2011 through 2013, following the recent pullback in the precious metal's prices and said a further correction may be possible in the near term.
Orosur Mining Reports Lower Gold Production in Last Quarter
Orosur Mining Inc.'s gold production in the first quarter of fiscal 2012 fell from the year-earlier period on a lower grade of ore, but higher prices helped lift net income 25 percent, the company said Thursday.
Violence, Threats of More Violence Idle Major Gold Exploration in Kyrgyzstan
Violence and the threat of worse violence has idled a major gold exploration project in a highly prospective area of the central Asian republic of Kyrgyzstan.
Crocodile Gold Strikes More Gold in Australia's Northern Territory
Crocodile Gold Corp. said Thursday it discovered more high-grade gold at an Australian site already under development by the Canadian company.
Brigus Gold Production in Ontario Rising
Gold production in the third quarter rose seven percent from the previous three months at Brigus Gold Corp.'s Ontario mine, the Canadian company said Thursday.
Gold Exploration in Western Ukraine May Begin Soon
ValGold Resources Ltd. is using cash and stock to gain access to a prospective gold producing areas of western Ukraine.
Slovak Vote: ESFS Expansion Approved
Slovakia's parliament ratified a plan to bolster the euro zone's EFSF rescue fund on Thursday, after voting to hold an early election as demanded by the opposition.
Gold Prices Ease on Rising Dollar, Slowing Chinese Economy
Gold prices fell modestly Thursday as a rising dollar, boosted by signs the world's No. 2 economy is slowing, offset both steady Asian demand for jewelry and bullion as well as safe-haven buying by Euro-wary investors.
Gold Steady on Indian, Chinese Buying; Markets Eye Eurozone Bank Rescue Efforts
Gold prices held steady on Thursday, as optimism for a solution to the Eurozone crisis underpinned sentiment, while tight physical supply in Asia continued to lend support.
Gold Prices Rise 1% on Slovak Rejection of Stronger Bailout Fund
Gold prices rose 1 percent in Europe on Wednesday as the dollar fell to a three-week low against the euro, and after the Slovak parliament's rejection of a plan to expand the bloc's rescue fund stoked concerns over the Eurozone debt crisis.
Slovakia Vote: Lawmakers Reject Expanded Eurozone Bailout Fund, Government is Toppled
Slovakian lawmakers late Tuesday rejected their governing coalition's bid to expand the Eurozone's bailout fund, toppling the government but heightening prospects a new coalition can push the measure through this week.
Gold Prices Settle Mostly Unchanged in Thin, Uncertain Trading
Gold prices settled where they started Tuesday, virtually unchanged, as uncertainty about Europe's banks offset Asian demand for physical gold.
Gold Production begins in New Democratic Republic of Congo Mine
The Democratic Republic of the Congo has gotten its first new commercial gold mine in 50 years, mining company Banro Corp. said Tuesday.
Gold Production from Alacer Gold Rises 9%
Gold production from Alacer Gold Corp., which recently merged with two other gold mining companies, advanced in the third quarter and was on target to hit the company's 400,000 ounce target, the company said Tuesday.
Gold Hovers in Tight Range as Slovak Lawmakers Delay Crucial Bailout Fund Vote
Gold prices hovered in a tight range Tuesday, slightly below its opening level, as Slovak lawmakers put off voting on whether to support the expansion of a Eurozone bailout fund.
Silver, gold production rises in 3Q at Endeavour Silver Mines
Silver and gold production by Endeavour Silver Corp. rose in the third quarter, while revenue jumped 93 percent on higher prices for the two precious metals.
Platinum Prices May Get Lift from North American Trucking Companies: UBS
Platinum prices could be set to rise next year if North American trucking companies proceed with plans to buy new vehicles, UBS said Tuesday.
Agnico-Eagle Gold Production up 11% in 3Q
Canadian gold producer Agnico Eagle said third-quarter gold production rose about 11 percent sequentially, helped mainly by improved performance at two mines in Finland and Canada, and forecast higher production for the next quarter.
Gold Prices Backpedal Ahead of Key Vote by Slovak Lawmakers
Gold prices surrendered some value Tuesday as the euro slipped, and the dollar rose, ahead of a vote by Slovak lawmakers on whether to approve an expansion of Europe's bailout fund.
Saudi Arabian Mining Swings to a Net Profit
Saudi Arabian Mining Co. (Maaden) swung to a net profit of 27.4 million riyals ($7.3 million) in the third-quarter on increasing sales and prices, but the results missed analyst forecasts.
CME Group Aims to Launch OTC Metals Market in Europe by Yearend
CME Group aims to launch cleared over-the-counter metals products in Europe by the end of 2011, a spokesman said on Tuesday.
