Metals and Mining Gold Mining

  • RANDFONTEIN, South Africa, Jan 19- The number of miners killed in South Africa's mines fell in 2016 to a new record low of 73 from 77 in 2015 following a crackdown by the government, mines minister Mosebenzi Zwane said on Thursday. "If you can't mine safely, don't mine at all," Zwane said at a news briefing at the corporate offices of bullion producer Harmony Gold west of...

  • At an investor day event, the Vancouver- based miner focused on the exploration potential at its mine sites and projects in the Americas, a turnaround from recent years when most miners' attention was on reducing costs, not growth. Goldcorp late on Monday said it expected to increase gold output by a fifth over the next five years to about 3 million ounces, driven by...

  • TORONTO, Jan 17- Canada's main stock index rose on Tuesday as higher commodity prices supported the shares of energy and gold mining companies. The Toronto Stock Exchange's S&P/TSX composite index was up 19.01 points, or 0.12 percent, at 15,498.30, shortly after the open. Just four of the index's 10 main groups were higher.

  • *Spot gold may retrace steps back to $1,172- technicals. "Currently we see that gold is overbought and needs some technical correction," said Jiang Shu, chief analyst at Shandong Gold Group. Reuters technical analyst Wang Tao said spot gold faced a strong resistance zone of $1,205- $1,210 per ounce, and may retrace steps back towards support at $1,172.

  • TORONTO, Jan 6- Canada's main stock index fell on Friday, with gold miners and other materials stocks leading a broad retreat from a three-day rally that saw the index approach an all-time high to start the year. The Toronto Stock Exchange's S&P/TSX composite index ended the day down 90.53 points, or 0.58 percent, at 15,496.05 despite booming jobs and trade data.

  • TORONTO, Jan 6- Canada's main stock index fell in early trading on Friday, with gold miners and other materials stocks leading a broad retreat from the three-day rally that started the year. At 9:42 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 61.85 points, or 0.4 percent, at 15,524.73 despite booming jobs and trade data.

  • Gold miners have best day in a month

    The “Fast Money” traders discuss the trade on gold, as the Vectors Gold Miners ETF GDX soars.

  • *Spot gold hits highest since Dec. 14. Spot gold was up 0.1 percent at $1,159.36 an ounce by 0325 GMT, having earlier hit a more than two-week high of $1,163.14 an ounce. "Gold made robust gains as demand surged during the periods of economic and political uncertainty until the third quarter," said Mihir Kapadia, CEO of London- based Sun Global Investments Ltd. The safe...

  • TORONTO, Dec 29- Canada's main stock index rose on Thursday as stocks rallied broadly in light holiday trading, at one point touching its highest level since April 2015. Barrick Gold rose 4.9 percent to C $21.72, Silver Wheaton Corp advanced 6.3 percent to C $26.64, and Agnico Eagle Mines Ltd climbed 5.3 percent to C $57.81. At 10:27 a.m. ET, the Toronto Stock...

  • TORONTO, Dec 28- Canada's main stock index ended slightly higher on Wednesday as gold mining stocks lead gains in quiet trading. Canada volumes are off about 40 percent from where they generally are, "said Ian Scott, equity analyst at Manulife Asset Management. Barrick Gold rose 5.2 percent to C $20.71, and Goldcorp Inc climbed 4.8 percent to C $17.85.

  • He said the company has held discussions with Trump's transition team, including Myron Ebell, who heads the EPA transition. In February 2014, the EPA took the unusual action of blocking a mine before the project owner applied for a development permit. The company has estimated that removing that pre-emptive veto could happen three to four months after an EPA...

  • *Freeport faces narrowing window for $18 bln expansion. At stake for Freeport is an $18 billion investment to expand its Grasberg mine- one of the world's biggest deposits of gold and copper- in the eastern Indonesian province of Papua. "Freeport is more politics than business," Hakim told a recent media briefing.

  • *Freeport faces narrowing window for $18 bln expansion. At stake for Freeport is an $18 billion investment to expand its Grasberg mine- one of the world's biggest deposits of gold and copper- in the eastern Indonesian province of Papua. "Freeport is more politics than business," Hakim told a recent media briefing.

  • Trading Nation: Gold tumbles

    Erin Gibbs, S&P Global, and Ari Wald, Oppenheimer, discuss the gold market with Brian Sullivan.

  • BAMAKO, Dec 14- The amount of gold dug up by people working informally in Mali could soon rival official production thanks to demand from domestic refineries, officials in the West African nation say. Mali's government derives about a quarter of its revenues from gold. It is Africa's third-largest gold miner behind South Africa and Ghana, and artisanal mines...

  • Trading Nation: Gold's 5th losing week

    Chad Morganlander, Stifel Nicolaus, and Phillip Streible, RJO Futures, discuss the gold trade with Brian Sullivan.

  • TORONTO, Dec 7- Canada's main stock index rose on Wednesday as higher gold prices supported mining shares, offsetting losses for the energy group as oil lost ground. The Toronto Stock Exchange's S&P/TSX composite index was up 18.87 points, or 0.12 percent, at 15,144.67, shortly after the open. Seven of the index's 10 main groups were higher.

  • Dec 6- Latin America will play an increasingly important role in Barrick Gold's growth strategy, the world's biggest gold miner said on Tuesday as it named a new director with decades of mining experience in that region. Marcet's deep operational and geopolitical experience in Latin America will be a vital asset as the company evaluates new investments in the...

  • Newmont Mining CEO: Gold's going to be good medium, long term

    Gary Goldberg, Newmont Mining president and CEO, discusses the mining business and gold prices post-election.

  • INDIA'S DECEMBER GOLD IMPORTS EXPECTED AT 50 T VS 107 T A YEAR AGO- TRADE BODY.