TORONTO, April 29- Canada's main stock index rose to a six-month high on Friday as mining stocks surged on higher gold and base metal prices, while shares of its largest airline jumped after quarterly results were reported. Improving prices in commodities have helped drive the index higher both year-to-date and on Friday, said Noman Ali, a portfolio manager at... » Read More
The Mongolian government, Ivanhoe Mines and partner Rio Tinto have agreed to back a 2009 investment agreement for the Oyu Tolgoi copper-gold deposit, ending discussions over possible changes and sending shares of Ivanhoe up as much as 18 percent.
Africa share valuations are compelling and the region is ripe for investment, Graham Stock, chief strategist at Insparo Asset Management, told CNBC Thursday.
Here's how the "Fast Money" traders play to approach yet another day of trading.
Newmont Mining attracted upside option activity yesterday for the the second time in a week as traders continue to make bets that the recent slide in gold is reversing.
The "Mad Money" host explains why every investor's portfolio should partly consist of this.
Marc Faber, author of the Gloom, Boom and Doom Report, tells CNBC that he thinks gold could fall to $1,100 an ounce by the end of the ongoing sell-off
With gold down, find out if Cramer thinks it’s time to buy the precious metal.
Gold prices may reach $6,200 per ounce in a bull run which will “end all major bull markets,” Urs Gmuer, asset manager at Dolefin, a Swiss investment advice firm, told CNBC.
Mining stocks will continue this summer's volatility, Evy Hambro, CIO of the natural resources team at BlackRock, told CNBC Friday. But strong fundamentals and expected commodities growth are not reflected in the share prices.
"The strong underlying fundamentals these metal and mining companies are enjoying today, the strong metal prices, the high margins, the great margin growth we have see year on year, and the growth we are going to continue to see in commodities over the next few years, is totally unreflected in the share prices," Evy Hambro, CIO of the natural resources team at BlackRock, told CNBC.
Straight from the mines, rough gold goes through a highly complex process, and often travels around the world before it ever makes it to the consumer.
A look inside South Africa's Rand Refinery, where the world's gold is refined, then delivered all over the globe to: banks, mints, industrial manufacturers and jewelry makers.
Gold is increasingly harder to find, forcing thousands of miners to drill deeper, at higher costs and greater danger.
What is it about gold that makes people so passionate, crazy, paranoid? Our special report answers that question and more. We'll take you to mines in South Africa, gold bank vaults in London, trading pits in New York and the shop floor of a huge gold-jewelry manufacturer in Louisiana.
From the popular precious metals gold and silver, to more niche plays like copper, palladium, and platinum, which metal will be the best investment going forward?
Gold has had a hold on mankind since it was first mined in the Copper Age.
The SPDR Gold Trust, with over $60 billion in assets, is far and away the largest gold fund.
From physical coins to futures, options, and ETFs -- reporter Bob Pisani breaks down the how and where to invest in gold.
As demand outpaces the constrained small supply of gold — who has the most?
These should be boom times for the mining business in California and Nevada. There is no "rush" in the new gold rush.