Johannesburg — Amcu is to embark on a strike later this week in both the platinum and gold sectors, after issuing employers of both sectors with strike notices on Monday, the union said. Association of Mineworkers and Construction Union (Amcu …
Barrick Gold Corporation ( ABX ) has agreed to sell its Kanowna gold mine (Kanowna Belle and Kundana mine operations) in Western Australia to Northern Star Resources Ltd for A$75 million ($66 million) as part of its portfolio optimization strategy.
That's the gist of Barclays Capital precious-metals analysts' argument this week, which would be good news for Market Vectors Gold Miners ETF (GDX) if it plays out. It may already be playing out. The ETF, which slumped 54% in 2013, is up 10% in the new …
It goes without saying that Faber is bullish on gold, but he's a bigger fan of the miners (GDX), noting the fast pace of insider buying in the industry. A member of the board at Sprott, Faber says Eric Sprott has been selling company stock to buy …
(Reuters) – Barrick Gold Corp's (ABX.TO) warning this week that its in-the-ground gold reserves will shrink is widely expected to be echoed in the coming weeks by miners around the globe, spelling more asset writedowns for an already beat-up sector.
In an unprecedented move, the Chamber of Gold Mines have gone to court to stop Thursday's stike action by the Association of Mineworkers and Construction Union (AMCU). Gold producers believe the strike is illegal and are seeking an urgent interdict …
![International Tower Hill Mines Ltd(USA] (THM): International Tower Hill Mines …](http://s.wordpress.com/mshots/v1/http%3A%2F%2Fseekingalpha.com%2Farticle%2F1965511-international-tower-hill-mines-how-to-buy-an-ounce-of-gold-resource-in-alaska-for-around-3 "International Tower Hill Mines Ltd(USA] (THM): International Tower Hill Mines …")
(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.) Gold (GLD) and silver (SLV) are moving higher above their 50 day …
Saying it was taking a conservative approach to pricing, the world's biggest gold miner said it will recalculate its reserves assuming gold at $1,100 per ounce, well below the $1,500-per-ounce level it used last year and a good 13% below the current …
Indonesia's metal ore and concentrate exports have ground to a halt, a trade ministry official tells Reuters, with a ban on ore shipments and an export tax introduced less than two weeks ago hurting the mining industry. Indonesia introduced an ore …
Manhattan, NY — (SBWIRE) — 01/25/2014 — Prostockalerts.com concentrates on value small and micro-cap stocks that trade on NYSE, NASD, AMEX, OTCBB, and OTC exchanges. These are usually stocks that will trade under $5 per share and offer the …
LONDON (Alliance News) – Mining Investments Resources PLC Monday said it has entered a preliminary agreement to take an option to invest in a project to rehabilitate the Taezhny Silver Mine in the Primorsky region of Russia. It said the deal enables it …
OURANOUPOLI, Greece, Jan 13 (Reuters) – A Canadian quest to mine for gold in the lush forests of northern Greece is testing the government's resolve to prove Europe's most ravaged economy is open again for business. The Skouries mine on Halkidiki …
Silver Stream Mining Corp. (the "Company" or "Silver Stream") announced today the Company has filed on Sedar.com, at the request of the British Columbia Securities Commission ("BCSC"), an amended NI 43-101 Technical Report ("Report") on its Metates …
Falling gold prices coupled with rising costs for production have zapped many miners' profits and dividends. That's resulted in some of the worst returns for the sector in years. However, as Wall Street has abandoned the gold miners, opportunities are …
Gold Fields Limited (ADR)(NYSE:GFI) managed to keep its gain at 3.52% on below-normal volume of 4.66M shares. The stock settled at $3.52, after floating in a range of $3.41 – 3.56. Its latest price has reached market capitalization of $2.59B. Its 52 …
Once the agreement has been finalised, AGS will immediately start exploitation and production of concentrate and ore, AGS's vp of mining in Latin America, Almero Bourbon, told Metal Bulletin. The mine is located in Bolivia's primary antimony belt, and …
Trading in gold for delivery in April was also up at some 28,000 contracts at a price of $1,264 an ounce. Gold was finding favour on Friday as a safe haven asset as the US dollar slid, stock markets tanked and bond yields dropped. Mining stocks were …
Mining companies with operations predominantly in Africa tend to trade at a significant discount to comparable companies that operate in North America. As Americans, we read headlines about dangerous working conditions, underpaid workers, political …
Mining company G-Resources is targeting higher silver production this year at its Martabe Gold Mine while at the same time cutting down gold output following gold's price slump. The company expects Martabe to produce between 230,000 to 250,000 ounces …
TORONTO, ONTARIO AND LONGUEUIL, QUEBEC, Jan 24, 2014 (Marketwired via COMTEX) — Kerr Mines Inc. ("Kerr Mines") (TOR:CA:KER) and Bear Lake Gold Ltd. ("Bear Lake") (CVE:CA:BLG) are pleased to announce that they have entered into a letter …
TORONTO (SHfn) – Baja Mining Corp. (TSX: T.BAJ, Stock Forum) jumped 66.7% to 5 cents Friday after the company said it has reached an agreement with Louis Dreyfus Metals Commodities to settle their legal disputes related to the Boleo Project in Baja …
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