At least 11 miners were escorted to safety at the mine in Benoni, on the outskirts of Johannesburg, but an undetermined number of their comrades were still in the gold mine, emergency responder Kobus Du Plooy said by telephone late Sunday. Police were …

Emergency crews in South Africa rescued 11 miners who were trapped while working illegally in an abandoned gold mine near Johannesburg on Sunday, but other miners decided to stay underground to avoid being arrested, emergency workers said.

Gold-rich South Africa has repeatedly warned its citizens against trying to dig into old mines. Illegal mining "poses a danger not only to the miners themselves, but to the communities, as well as the economy and existing mines," Mineral Resources …

Rescue officials use hoists to remove debris as they work to rescue trapped suspected illegal miners from an abandoned gold shaft in Benoni, east of Johannesburg, February 16, 2014. South African rescuers started bringing to the surface at least 30 …

Santacruz Silver Mining Ltd. (TSX VENTURE:SCZ) ("Santacruz Silver" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and including Raymond James Ltd. (the …

Emergency rescue workers attempt to free trapped illegal miners at a disused gold mine shaft near, Benoni, South Africa, Sunday, Feb. 16, 2014. The South African Press Association reported Sunday that rescue teams were able to speak to about 30 miners …

Gold continued to lose its shine in 2013, with the top 3 miners registering a combined loss of $16 billion. The loss of Barrick Gold, Goldcorp and Kinross Gold Corp are due to lower price of the once-safe haven and the drop in value of bullion and …

Benoni, South Africa (CNN) — Eleven miners have been freed after being trapped since Saturday in an illegal gold mine in South Africa. But the rest are refusing to come out because they fear being arrested, according to rescuers from ER24 emergency …

CEO Nick Holland said this week that the miner had cut its projected output from the mine, which was now expected to produce between 650,000 and 700,000 ounces a year, given the lower gold price. The R8bn mine has mineral reserves of 39.1-million …

A spokesman for The Gold One, which has prospecting rights to the area, said the miners were trapped in the "New Kleinfontein 6" ventilation shaft, which had been closed off with concrete slabs. "The illegal miners have dug a tunnel right next to it to …

Canada's big gold miners posted billions in losses for their most recent quarter as a lower price of gold took a bite out of the bottom line and their reserves. Barrick Gold chief executive Jamie Sokalsky called 2013 a year of recalibration for the …

More than 200 illegal miners near Johannesburg, South Africa, are reportedly trapped underground in an abandoned gold mine with rescuers working frantically to rescue them. "Approximately 30 people are trapped towards the top of the old shaft and the …

5 killed, 12 injured after landslide at illegal gold mining pit in southwestern Colombia – @AP. read more on bigstory.ap.org · Alert my friends. 10 WHOA! Load more. Advertisement. Feb 15, 2014, 05:30 AM GMT 05:30. mining. Colombia, FARC peace talks.

Illegal gold panning has caused siltation of dams that supply water to the City of Bulawayo, resulting in the local authority incurring a high bill in purifying water for drinking purposes, a senior Bulawayo City Council (BCC) official has said. BY …

image TORONTO: Canada's main stock index touched its highest level in nearly three years on Friday as higher bullion prices drove up shares of gold producers and Enbridge Inc gained after the pipeline company's quarterly results showed revenue jumped.

That compared to the previous quarter with 1 million ounces silver production, 9.5 million pounds lead and 2.2 million pounds zinc. Revenue fell 59% to $24 million over the latter quarter. The declining production was in spite of efforts to stem mining …

Gold mining is one of the world's most destructive industries. Producing a single gold ring creates at least 20 tons of mine waste. U.S. Environmental Protection Agency data show that metal mining is the largest toxic polluter in the country. Around …

Entering Wednesday, seven of the 10 best non-leveraged ETFs this year were gold or silver mining funds. That roster includes popular funds such as the Market Vectors Gold Miners ETF (NYSEArca: GDX) and the Market Vectors Junior Gold Miners ETF …

A group of residents is suing Lyon County commissioners and a mining company over a decision it fears could pave the way for mining expansion close Silver City, about 30 miles southeast of Reno. The Comstock Residents Association, in its lawsuit filed …

The great start gold mining funds have made to 2014 has helped them to recover some of their recent heavy losses, but there is a great deal of disagreement among industry experts about whether this recovery can continue. By Alex Paget, Reporter, …

The Market Vectors Gold Miners ETF (GDX) has gained 4.2% today, while Barrick has jumped 5.5%, Goldcorp has climbed 3.2% and Agnico Eagle has risen 1.4%. Kinross Gold has ticked up 0.1% to $5.16. Barrick Gold reported a profit of 37 cents, lower than …