Metals and Mining Gold Mining

  • Gold's shining week

    The Futures Now team discusses gold's rally and where they see the commodity heading from here.

  • Bright year for commodities

    The Futures Now team discusses the biggest moves in commodities, including crude oil and gold.

  • COLORADO SPRINGS, Colo., Sept 21- The world's biggest gold miners will stay shy of big acquisitions, top executives said this week, noting that a jump in the price of bullion has made potential purchases pricey, and memories of failed deals linger. The need for financial discipline was the dominant theme at the Denver Gold Forum this week, an annual conference for top...

  • DENVER, Sept 19- Barrick Gold's Veladero gold mine in Argentina, one of its five core mines, could resume operations in the next two weeks, Barrick President Kelvin Dushnisky said in an interview on Monday. Barrick was fined nearly $10 million by authorities in the Argentinian province of San Juan for last year's leak, which was caused by a defective valve.

  • DENVER, Sept 19- Barrick Gold expects to be able to reach its target of reducing debt by $2 billion by year-end even without selling any assets, company President Kelvin Dushnisky said on Monday. "We are confident we will get to our $2 billion mark with or without an asset sale... presuming gold prices continue to cooperate," Dushnisky said in an interview on the...

  • BUENOS AIRES, Argentina— Barrick Gold Corp. said on Thursday that it is temporarily suspending operations at its Veladero mine in Argentina following a new leak. The Canada- based company said "a small quantity of solution left the leach pad," without affecting watercourses. Barrick told The Associated Press in an email late Thursday that Veladero's General...

  • Sept 15- Barrick Gold Corp, the world's largest gold producer, said on Thursday Argentina's San Juan province announced a temporary suspension of operations at the company's Veladero mine. The suspension came as the company plans further inspections of the mine's heap leach area, where precious metals are extracted from the ore. A pipe in the heap leach area was...

  • *Thousands drawn to South Africa's old gold mines. JOHANNESBURG, Sept 13- When he lost his job as a Johannesburg gardener a month ago, 25- year-old Sibangani Tsikwe did what millions of men have done before him: seek their fortune deep underground in the gold mines that help to define South Africa. Equipped with little more than a head-torch, pick-axe and nerves of...

  • VANCOUVER, Sept 12- Barrick Gold Corp, the world's biggest gold producer, said on Monday it would partner with Cisco Systems to incorporate digital technology in all aspects of its mining business, aiming to improve productivity and reduce costs. Toronto- based Barrick said it planned to spend around $100 million between now and the end of 2017 working with Cisco...

  • Toronto- based Barrick said it would work with Cisco to first develop a flagship digital operation at its Cortez gold mine in Nevada, embedding technology in various parts of the operation to deliver better, faster and safer mining. "Harnessing the potential of digital technology will unlock value across our business, helping us grow our free cash flow per share,"...

  • This gold nugget is estimated to be worth as much as $70k

    An 18-ounce gold nugget, estimated to be worth as much as $70k, was found in Jamestown, California by a miner.

  • Will gold continue to shine?

    Roy Sebag, GoldMoney CEO, discusses why he thinks gold will rally, despite the commodity's pullback today and a potential rate hike.

  • Cheslock: I'm watching the ECB and gold

    Matthew Cheslock, Virtu Financial, talks about what to watch in the last half hour of trading.

  • TORONTO, Sept 6- Canada's benchmark stock index edged higher on Tuesday as higher gold prices supported mining stocks, while news of an acquisition boosted shares of the country's largest pipeline company. The small gain for the Toronto Stock Exchange's S&P/TSX composite index follows a 1.1 percent advance last week, the biggest weekly gain since mid-July.

  • TORONTO, Sept 1- Canada's main stock index rose on Thursday, led by gold mining stocks after weak U.S. manufacturing data tempered expectations for Federal Reserve interest hikes. "Sloppy data" reduces expectations for a Fed rate hike in September, said Diana Avigdor, portfolio manager and head of trading at Barometer Capital Management. The Toronto Stock...

  • Argentina has fallen behind its mineral-rich neighbors Chile and Peru in mining investment, despite containing rich deposits of copper, gold, silver and zinc. The government plans to send its mining bill to Congress early next year, he added. Ricardo Martínez, head of Buenos Aires- based mining consultancy Viento Andino, said Peru and Chile are each expecting...

  • TORONTO, Aug 31- Canada's main stock index fell on Wednesday as lower oil and gold prices weighed on energy and mining stocks. The most influential movers on the index included Suncor Energy Inc, which fell 1.9 percent to C $35.73, and TransCanada Corp, which declined 1.2 percent to C $59.14. At 10:40 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index...

  • TORONTO, Aug 30- Canada's main stock index edged slightly higher on Tuesday as bank and fertilizer stocks rallied, but gains for the index were mostly pared as lower gold prices weighed on mining stocks. The Toronto Stock Exchange's S&P/TSX composite index has rebounded 27 percent after hitting a three-year low in January. The Toronto Stock Exchange's S&P/TSX...

  • Resolute Mining offers dividend payments in gold

    The Australian mining company will allow investors to receive dividend payments in physical gold.

  • A floor hand helps line up a pipe while drilling for oil in the Bakken shale formation near Watford City, North Dakota.

    Oil markets could see an increased risk of another major jolt if prices continue remain at current levels, the chief executive of Vedanta Resources said.