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.
Security is a critical issue but the future of the company is in Africa, says John Welborn, Resolute Mining's MD and CEO.
CNBC is at the annual Diggers & Dealers conference in Kalgoorlie, talking to the big resources players and visiting even bigger mines.
St Barbara's Managing Director and Chief Executive, Bob Vassie, talks about the market and the industry.
Executive Chairman at Evolution Mining discusses three projects that the miner bought last year.
The miner's Mungari Gold Operations is set to bolster annual gold output, as CNBC's Matt Taylor reports.
Northern Star Resources' managing director, Bill Beament, says the sale announced Monday was strategic as the company seeks to simplify its business model.
Miners are benefiting from the higher gold prices in Australian dollar terms, notes Karl Simich from Sandfire Resources.
Rohan Williams of Dacian Gold explains how the company aims to start gold production in 2018.
Gold Road's project could become Western Australia's third largest gold project ever mined, Matthew Taylor reports.
Saracen Minerals MD Raleigh Finlayson says the strong Australian dollar price for gold is helping miners boost margins.
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,"...
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.
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.
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...