GOLD

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Rainy River Sees Gold in Northwest Ontario

Gold exploration company Rainy River said it has completed a preliminary assessment of its Rainy River project, which indicates that the gold project in northwest Ontario is viable.

Gold ETPs Steady in October - Report

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Investors stuck with gold exchange-traded products (ETPs) in October, but most other commodities ETPs saw outflows as investors remained cautious about the outlook for economic growth.

Aurizon Mines Posts Big 3Q Profit Increase

Casa Berardi Project
Vancouver-based Aurizon Mines Ltd. said Thursday its third-quarter profit rose dramatically as higher prices and output offset increased costs, more taxes and foreign exchange losses.
Gold

AuRico Gold's 3Q Profit Surges 76%

AuRico Gold Inc., a large Canadian gold miner, said Thursday third-quarter profit surged 76 percent on increased metals' prices and higher output, particularly from three Mexican mines.
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Gold bars

Gold Withstands Stampede, Slips Just $8

Gold prices slipped modestly Wednesday as stock investors in Europe and the U.S. dumped their holdings and abandoned the euro in a global stampede to safety.
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AngloGold Ashanti Beats 3Q Estimates

AngloGold Ashanti , the world No. 3 gold miner, reported record-breaking quarterly earnings on Wednesday, beating forecasts as bullion's bull run filled its coffers.
Mineworkers

Power cut hits Zambia's Copper Belt

A four-hour power cut hit Zambia's capital and main mining region on Wednesday, although it was not clear what if any impact there was on output from Africa's biggest copper producer.
Anglogold Ashanti Chief Executive Officer Mark Cutifani

AngloGold aims deep on a global level

The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa stocks book biggest 1-day fall in 5 weeks

South African stocks posted their biggest one-day loss in five weeks on Wednesday, dropping 2.3 percent as fears about the outlook for Italy's debt crisis pushed investors to sell off recent gainers such as miners and banks.
Yanacocha Mine

Peaceful Demonstration at Newmont Mining Site in Peru

A one-day protest by communities in the northern region of Cajamarca on Wednesday against Newmont's $4.8 billion Conga gold project was peaceful and did not hurt mining operations, the government and the company said.
AngloGold Ashanti mine in Ghana

AngloGold Ashanti Eyes Deep Mining to Boost Reserves

The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.
TSX ''stars align'' as resources, banks rise

TSX may open lower on Italian debt worries

Toronto's main stock index looked set to open lower on Wednesday, hurt by weaker commodity prices as doubts about Italy's ability to tackle its debt problems persisted even after Prime Minister Silvio Berlusconi pledged to resign.
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Italian Borrowing Costs Reach Breaking Point

Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism about the country's ability to deliver on long-promised economic reforms.
Gold

India Gold Slips From 2-Months High

India gold slipped from its morning high on Wednesday, as investors chose to take profits after a rally that took it to a more than two months high triggered by safe haven buying.
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Asian Markets and European Futures Rise on Berlusconi Departure

European shares looked set to follow Asian equities higher Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
Singer Noel Gallagher arrives for the GQ Men of the Year 2010 Awards at the Royal Opera House in London

Former Oasis frontman releases first solo album

When artists break free from the bands that have always defined them to take up solo careers, some celebrate their emancipation with radical musical departures. Others adhere to the old group's sound as much as possible, either out of fear, habit, or a desire to prove once and for all that they were the brains of the band.

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