Metals and Mining Gold Mining

  • A child walks past a truck carrying rocks from a mine in Lubumbashi, DRC on May 23, 2016.

    "The glamorous shop displays are a stark contrast to the children carrying bags of rocks and miners in narrow manmade tunnels."

  • CARACAS, Aug 26- Venezuela has signed over $5.5 billion in mining deals with companies including Canada's Barrick Gold Corp and China's Shandong Gold, President Nicolas Maduro said on Friday. Earlier this month, Maduro said Venezuela had struck $4.5 billion in mining deals with foreign and domestic companies. It was unclear if the $5.5 billion were part of the...

  • CARACAS, Aug 26- President Nicolas Maduro said on Friday that Venezuela had signed over $5.5 billion in mining deals with companies including Canada's Barrick Gold Corp and China's Shandong Gold. Earlier this month, Maduro said Venezuela had struck $4.5 billion in mining deals with foreign and domestic companies. It was unclear if the $5.5 billion were part of...

  • TORONTO, Aug 26- Canada's main stock index rose on Friday, led by energy and mining stocks as oil and gold prices gained after a speech by Federal Reserve Chair Janet Yellen viewed as supportive of a U.S. interest rate increase. The most influential movers on the index were gold stocks, including Barrick Gold, which rose 2.3 percent to C $24.2, and Franco Nevada Corp, up...

  • *Dollar retreats ahead of Jackson Hole meeting. LONDON, Aug 25- Gold edged off the previous day's four-week low on Thursday as the dollar retreated, but prices were rangebound ahead of a speech by Federal Reserve Chair Janet Yellen this week which will be watched for clues on monetary policy. Spot gold was up 0.2 percent at $1,324.61 an ounce at 0930 GMT, while U.S....

  • Gold miners tank

    The "Fast Money" traders discuss the plunge in the GDX gold miners ETF with gold hitting a one-month low ahead of Fed Chair Janet Yellen's remarks at Jackson Hole.

  • TORONTO/ MEXICO CITY, Aug 24- Mexican regulators said they are examining whether mining company Goldcorp Inc broke any regulations in its handling of a long-running leak of contaminated water at Mexico's biggest gold mine. Levels of the mineral selenium rose in one groundwater monitoring well near Goldcorp's Penasquito mine as early as October 2013,...

  • TORONTO, Aug 23- Canada's Rusoro Mining Ltd said on Tuesday it has been awarded more than $1.2 billion by a World Bank tribunal that ruled Venezuela had unlawfully seized the company's gold assets four years ago. Shares in the Vancouver- based mining firm, which is backed by Russia's Agapov family, more than doubled on Tuesday, trading for as much as 32 cents- their...

  • *Gold could test $1,331.35- technicals. Spot gold slipped 0.1 percent to $1,337.55 an ounce at 0502 GMT. Although the medium-to-long term prospects for a series of rate hikes is not really high, there should be some short-term pressure on gold, "said Mark To, head of research at Hong Kong's Wing Fung Financial Group.

  • SAN FRANCISCO— The Latest on the California Supreme Court's ruling on a gold mining technique:. The California Supreme Court has upheld a state ban on using powerful underwater vacuums to extract gold from rivers. The California Supreme Court is set to rule on the legality of the state's ban on the use of suction dredges to extract gold from rivers.

  • Golden opportunities: Pro

    Sean Roosen, Osisko Gold Royalties CEO, discusses how investors can take advantage of betting on gold royalties.

  • SAN FRANCISCO— California's ban on the use of suction dredges to extract gold from rivers is legal and not overridden by a 19th century federal law that allows mining on federal land, the California Supreme Court ruled Monday. The high court's ruling came in an appeal of a criminal case in which miner Brandon Rinehart was convicted of a misdemeanor for suction...

  • TORONTO, Aug 16- Canada's main stock index fell on Tuesday, dragged lower by some mining and energy companies despite the advance of gold and global oil prices. At 11:04 a.m EDT, the Toronto Stock Exchange's S&P/TSX composite index fell 59.53 points, or 0.4 percent, to 14,717.49, reflecting the decline of U.S. stocks on Wall Street. Barrick Gold Corp fell 2.3 percent...

  • LONDON, Aug 16- Gold cut its gains on Tuesday after mixed U.S. economic data failed to give clarity on the prospects for a U.S. interest rate rise this year. Technically, gold's next support stands at $1,335 an ounce, while there is strong resistance in the $1,355- $1,360 area. These levels are unlikely to be broken in the short term, unless there is a dramatic change in...

  • BHP Billiton reported a record $6.4 billion annual loss on Tuesday, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump.

  • LONDON, Aug 16- Gold rose around 1 percent on Tuesday as a series of lower-than-expected U.S. economic data weighed on the dollar and reduced prospects for a Federal Reserve interest rate hike this year. Spot gold rose to a session high of $1,353.23 an ounce and was up 1 percent at $1,351.35 by 1010 GMT. Spot gold was within reach of a more than two-year high of...

  • Cost of holding gold is falling: Hannam & Partners

    Ingo Hofmaier, partner at Hannam and Partners, talks about the level of demand in gold at the moment and its outlook in the coming months.

  • Cheslock: I'm watching precious metals

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

  • *LME works with World Gold Council and five banks. The 139- year old exchange is working in collaboration with the World Gold Council, an industry body backed by gold mining companies such as Barrick Gold and Goldcorp, and is supported by five banks and proprietary trader OSTC, which have committed to provide liquidity. London currently dominates the global...

  • An employee looks at a gold coated rose flower, on display at the Sharps Pixley gold showroom in London.

    Gold buyers may be the Donald Trump voters of the commodities market, says an analyst who thinks this year's bullion rally may push prices above $1,500.