Metals and Mining Gold Mining

  • Northern Star Gold

    Northern Star Resources' managing director, Bill Beament, says the sale announced Monday was strategic as the company seeks to simplify its business model.

  • Sandfire Resources

    Miners are benefiting from the higher gold prices in Australian dollar terms, notes Karl Simich from Sandfire Resources.

  • Dacian Gold

    Rohan Williams of Dacian Gold explains how the company aims to start gold production in 2018.

  • Gold Road PKG

    Gold Road's project could become Western Australia's third largest gold project ever mined, Matthew Taylor reports.

  • Gold Mining

    Saracen Minerals MD Raleigh Finlayson says the strong Australian dollar price for gold is helping miners boost margins.

  • A man overlooks buildings in Ulaanbaatar, Mongolia

    Mongolia's economy all but flatlined, but some say hidden gems may be getting lost in the current bout of gloom.

  • TORONTO/ VANCOUVER July 28- Gold bullion prices have increased 26 percent this year, but the world's biggest gold miners are paring costs and selling assets to lower debt despite the windfall rather than boosting spending. "They're still, by and large, in cost-cutting mode and hunkering down, even though conditions have improved over the last five or six months,"...

  • Fed drives gold higher, but will it last?

    Can gold keep its luster? CNBC's Jackie DeAngelis and the Futures Now Traders pull a page from their metals playbook to reveal a golden trade that targets the precious metal at $1,379.

  • Futures Now, July 28, 2016

    Tom Kloza has a play on oil's next move as crude price head lower, and Ron Paul sees headwinds ahead for the U.S. Also CNBC's Jackie DeAngelis and the Futures Now traders take a trade from their metals playbook that restores luster to the gold play.

  • Goldcorp, the world's third-biggest gold producer by market value, also said it would go ahead with plans to expand its Penasquito mine in Mexico and Musselwhite mine in Canada. Production at Vancouver- based Goldcorp, which operates only in the Americas, plunged to 613,400 ounces in the quarter from 908,000 ounces in the year-ago period. The exhaustion of...

  • The decision followed an assessment of the mine's plan in the context of the Toronto- based company's global capital priorities, it said. Chile's environmental regulator shut down the water system attached to the Maricunga mine in March, citing environmental damage which Kinross disputes. Kinross reported an adjusted net loss of $9.8 million, or 1 cent per...

  • The Canadian miner also said it would go ahead with expansions at its Penasquito mine in Mexico and its Musselwhite mine in Canada. Goldcorp, the world's third-biggest gold producer by market value, reported a net loss of $78 million, or 9 cents a share, in the three months to end-June. That compared with net earnings of $392 million, or 47 cents per share, a year...

  • TORONTO, July 27- Barrick Gold Corp, the world's largest gold producer, reported a rise in second-quarter profit on Wednesday and said it plans to sell its 50 percent stake in a western Australia mine to carve more from its debt. Toronto- based Barrick, which has been selling off non-core mining assets and using cash flow to pay down debt, said it will explore selling...

  • TORONTO, July 27- Barrick Gold Corp, the world's largest gold producer, reported a rise in second-quarter profit on Wednesday and said it plans to sell its 50 percent stake in a western Australia mine to help continue to carve away at debt. The company, which has mines in the Americas, Australia and Africa, said gold production fell 7.5 percent to 1.34 million ounces...

  • LIMA, July 27- A fiery anti-mining activist and former governor of a gold-rich region in Peru who was freed from jail on Wednesday accused the government of locking him up for two years in order to keep him from power. Gregorio Santos welcomed the Supreme Court's decision to annul an extension of his stay in' preventive' prison, which prosecutors probing him for...

  • The Toronto- based miner said it recorded an adjusted net loss of $9.8 million, or 1 cent per share, in the quarter ended June 30, from a loss of $13.6 million, or 1 cent per share, in the year-prior period. Kinross, which has 10 mines in North and South America, Africa and Russia, produced 671,267 equivalent ounces of gold during the quarter, up from 660,898 ounces in the...

  • The Toronto- based miner said it recorded an adjusted net loss of $9.8 million, or 1 cent per share, in the quarter ended June 30, from a loss of $13.6 million, or 1 cent per share, in the year-prior period.

  • TORONTO/ VANCOUVER, July 26- Barrick Gold Corp, the world's largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining Plc and has approached several South African miners, according to sources familiar with the situation. Barrick owns 64 percent of Acacia, a London- listed miner with three producing gold mines in Tanzania:...

  • TORONTO, July 25- Canada's main stock index fell on Monday, weighed by energy and mining stocks that retreated along with oil and gold prices. Gold fell as the U.S. dollar firmed ahead of central bank meetings in the United States and Japan. At 10:16 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was down 77.14 points, or 0.53 percent, to 14,523.52.

  • Gold miners surge

    The "Fast Money" traders discuss the GDX gold miner ETF as today's move of the day.