Tucked away in Ghana's southern Ashanti region, Obuasi has all the trappings of a gold-rush town, including a statue of a miner painted in gold and a huge conveyor belt crisscrossing the city centre. But while rows of neat miners' cottages show some local gain from a commercial mining industry dating back to the 19th century, many of its residents complain they have yet to feel the full benefit of the riches buried beneath their feet.
First Colombia Gold Corp. moved closer to gaining sole ownership of the 160-acre South Idaho Silver Project, the company said Thursday.
Teranga Gold Corp. expects its fourth-quarter fold production to be lower than expected and more costly than expected, causing its full-year output to be 130,000 ounces to 135,000 ounces rather than the 140,000 ounces previously expected.
Gold miner Kirkland Lake Gold Inc posted higher second-quarter profit helped by a rise in gold production and prices.
Gold prices, like global stocks and major currencies, hardly moved Thursday as investors waited to see if Europe would manage to stanch its debt crisis and avoid a recession, or worse.
Gold recycling gained pace in India as consumers preferred to cash in on prices at a week high, which deterred physical traders from placing fresh orders as wedding buying tapered off.
Should the tablet live up to its promises, at the price, it should provide a lot of bang for your moolah, making it one of the top tablets to look out.
An article on the song Why This Kolaveri Di, from the soundtrack of the Tamil film 3, has featured in the current edition of Time magazine.
Gold prices rose Wednesday as purchases by cost-conscious investors offset worries about the Eurozone debt crisis and a rising dollar.
Greece's financial crisis could certainly use the help of a drachma -- provided it's the 2400-year-old coin that is poised to fetch $2.5 million when it is auctioned next month.
Foes of Newmont Mining's $4.8 billion Conga mine project in Peru said on Wednesday they were practically kidnapped by counterterrorism police in a crackdown on left-wing activists by President Ollanta Humala.
Large gold producers are coming under increasing pressure to buy copper assets simply to boost their gold reserves, the CEO of Metals Economics Group said Wednesday.
British scientists have made the first human embryonic stem cells of a high enough grade to use in patients and deposited them in a public stem cell bank for development in human trials by drug companies and researchers by 2014.
Great Basin Gold Ltd. expects to be able to draw on a new $150 million credit line by Dec. 15, the Vancouver-based mining company said Wednesday.
The European Union (EU) summit this Friday will consume market attention, as it will discuss steps to resolve the Eurozone debt crisis. Price sensitivity to headlines will persist, if not intensify, and make for jerky market moves.
The top pre-market NASDAQ stock market gainers are: Clearwire, First Solar, Marvell Technology Group, Randgold Resources and Yahoo. The top pre-market NASDAQ sock market losers are: Vera Bradley, First Niagara Financial Group, Wynn Resorts, EZchip Semiconductor and Vodafone Group.
India gold extended gains for another session on Wednesday to meet the highest level in about a week, stoked by firm overseas markets, analysts said.
Gold prices barely moved Wednesday ahead of a key Eurozone summit global that investors hope will finally produce a viable solution to Europe's 2-year-old debt crisis.
Hollywood actress Angelina Jolie slipped into what is supposedly her favorite color - black - at the screening of her directorial debut, In the Land of Blood and Honey, in New York on Dec, 5.
The Gunners will be hoping to make an early bid to see off any threat from Schalke.
The top aftermarket NYSE losers on Tuesday were: HyperDynamics Corp, Precision Drilling Corp, NYSE Euronext, Gold Fields Ltd, SK Telecom Corp, Express, Pacific Drilling, Peabody Energy Corp and Federal Signal Corp.
Gold prices overcame nearly all of a big early session loss Tuesday sparked by Standard & Poor's threatening 15 European nations with a credit rating downgrade.
