Minority union Solidarity, which along with the Association of Mineworkers and Construction Union today held discussions with seven gold companies through the Chamber of Mines, will accept pay increases of less than the initial 10 percent sought from …
CEF Holdings Ltd., a venture between Li Ka-shing's flagship company and Canadian Imperial Bank of Commerce, is looking to invest in gold mining companies after a slump in prices creates buying opportunities. “Long term, gold is a good place to be,” CEF …
Firms in this industry mine gold and silver bearing ores. Mining includes the development of mine sites and the on-site processing of ore into a concentrate or bullion. Firms typically retain ownership of the semi-processed gold or silver products and …
CHICAGO, Aug. 26, 2013 /PRNewswire/ — Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently …
Silver stock prices for today, Monday, August 26, 2013. This is an overview of how silver mining stocks are performing. Silver Wheaton Corp. (NYSE:SLW) is currently trading at $27.70. SLW's RSI is currently at 71.21 which indicates that the stock is …
As a reminder, I do not consider gold (GLD) proper for investment. The price of gold is mostly a function of investment demand, but investment demand for gold is a function of what the market thinks its worth, that does not adhere to the investment …
Two of four South African unions representing labor at wage talks with gold producers are holding out for a revised offer by the companies before deciding on whether to declare a strike. The National Union of Mineworkers, which represents 64 percent of …
Fred Davidson, President and CEO, stated, "At the six month mark in 2013, our tonnage, silver production and grades have increased considerably compared to this time last year. We have achieved advancing two mines into initial production this year …
BRADENTON, FL–(Marketwired – Aug 26, 2013) – Silver Falcon Mining, Inc. ( OTCBB : SFMI ) proceeds with contract milling services. During this recent slow-down in the world's mining sector, mining entities continue to look for cost-cutting but …
Some call it small and artisanal, but the informal gold mining market accounts for approximately 20 percent of the national gold production, which is equivalent to about $2.6 billion in gross value, La Republica reports. There are many reasons to bring …
OTTAWA, ONTARIO–(Marketwired – Aug. 26, 2013) – Aura Silver Resources Inc. (TSX VENTURE:AUU) ("Aura Silver" or the "Company") is pleased to confirm that the Aura Silver / Intrepid Mines Ltd. joint venture ("Taviche JV") has received the payout of US …
And simply put, miners need investment money to fuel their business. If the shareholders are not happy with the way they operate their business, then their share price goes down. And if the share price goes down, then the gold or silver miner's …
26, 2013 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG), and its subsidiary, Mexus Enterprises, S.A. de C.V., negotiated a new agreement covering the San Felix Mine. The company also entered a joint venture agreement with Atzek Mineral S.A. de …
The chamber, representing companies including AngloGold Ashanti Ltd. (ANG), the world's third-largest producer, Gold Fields Ltd. (GFI), Harmony Gold Mining Co. (HAR) and Sibanye Gold Ltd. (SGL), raised its offer on Aug. 13 to 5.5 percent with …
Silver Falcon Mining, Inc. engages in the exploration and development of gold and silver properties in the United States. It has mineral rights to approximately 1,200 acres on War Eagle Mountain in southern Idaho. The company was founded in 2007 and is …
Sibanye, formed by the unbundling of three gold mines by Gold Fields, last week unveiled a deal to buy Gold One's West Rand assets, which includes four underground mines and a large amount of tailings material. Sibanye CEO Neal Froneman will release …
In an earlier article, we discussed one of the most important metrics to analyze the silver industry, the actual cost of mining an ounce of silver, which can help an investor figure out whether it is time to buy SLV and/or the silver miners. In that …
Should gold stocks be lumped in with speculative resource stocks as risky investments to avoid? But what does that say about gold's recent run up? The gold price dipped below $USD1200 per ounce in June but has been trending up ever since, currently …
During the second quarter Scorpio generated $14.8 million in revenue and produced 10,769 ounces of gold at its Mineral Ridge operations in southwestern Nevada. Cash costs decreased to $713 per ounce from $965 per ounce during the same quarter 2012 …
Asian stocks rose and gold hit a near three-month high while the dollar nursed losses on Monday, extending a move started late last week when a steep drop in U.S. new home sales tempered expectations the …
The Ministry of Mines would float global tenders for the revival of defunct public sector gold mining company, Bharat Gold Mines Company (BGML), within three months. The Supreme Court, on July 9, 2013, ordered for floating of the global tenders for the …