MUBENDE, Uganda— The hunt for gold takes the men 100 meters underground, past contraptions of wood and rope rigged to function like pulleys, past hard rock that they attack day and night with demolition hammers. When they emerge at the end of a shift, the miners carry stone samples that will be examined for the dark veins that suggest presence of gold.» Read More
These should be boom times for the mining business in California and Nevada. There is no "rush" in the new gold rush.
If the price of gold falls below $1,600 an ounce, it could go down by nearly 30 percent from peak and the dollar could strengthen by a similar percentage, Ron William, a technical strategist at MIG Bank, told CNBC on Monday.
Michael Block, Phoenix Partners Group provides insight on Bernanke's Friday speech, and Dennis Gartman, The Gartman Letter, weighs in on the drop in gold prices and how to play it.
Bullion traders are preparing for one of the largest transfers of physical gold in recent history after Hugo Chávez, Venezuela’s president, ordered the country’s gold reserves to be returned to Caracas. The FT reports.
A growing number of people are giving up lucrative jobs in Australia for a chance at the quick riches and adventure of old-fashioned prospecting. The New York Times reports.
A look at where gold is headed, with Richard O'Brien, Newmont Mining chief executive officer/president.
With the price of gold soaring to record levels, the precious metal has become that much more dear. Where and how should gold buyers store their bullion and coins?
Most investors these days play gold through mutual funds and exchange-traded funds but the investment strategy of these vehicles varies widely, as have their performance relative to the metal's decade-long rally.
The West is close the point where its paper currency system is insolvent, and as a result gold is heading to $5,000 an ounce, according to the manager of a gold fund.
And how the "Mad Money" host recommends playing it.
CNBC’s Analytics Team compiled a list of the 10 best and worst performing commodities in the CRB index. Click ahead to learn about the hot and the not-so-hot commodities of 2011.
Markets could rebound after Thursday's global sell-off, but investors should see any bounce as a selling opportunity, as the world economy rolls towards total collapse, Mark Faber, editor and publisher of the Boom, Doom and Gloom Report told CNBC Friday.
Australia cannot bank on China to fuel its resources boom for more than the next 15 years, says an expert.
Mining CEOs criticized the imposition of the mining and carbon tax even as they face a surging dollar and labor shortgages.
Analysts say a shortfall in copper supply this year could boost one of Australia's smaller copper miners, Sandfire Resources.
Dennis Gartman, the Gartman Letter, explains why gold will move higher even if lawmakers sign a debt deal tomorrow.
The week's top business news and investment advice, including debt bets and commodities plays.
Gold soars to record highs after the latest read on the economy came in weaker than expected. Insight on how one gold producer is posting profits, with Richard O'Brien, Newmont Mining president/CEO.
Commodities supplies may not be able to keep pace with demand in the future mining giant Anglo American wanred on Friday as it reported first half profits which smashed expectations.
The U.S. dollar and Treasurys, which proved to be safe havens during the global financial crisis, can no longer be viewed as such, instead emerging markets were now a safer bet, renowned investor Mark Mobius told CNBC on Friday.