Metals and Mining Gold Mining

  • MOSCOW, June 24- Russia- focused gold producer Nord Gold may consider a primary listing in Toronto instead of London after Britain's decision to leave the European Union, its Chief Executive Nikolai Zelenski said on Friday. Nord Gold, controlled by Russian steel tycoon Alexei Mordashov, is based in the Netherlands but said in January that it hopes to change its...

  • TORONTO, June 21- Canada's main stocks edged lower on Tuesday as losses for gold ahead of a vote by Britain on its European Union membership weighed on mining stocks, offsetting gains for financial and energy stocks. Spot gold fell 1.9 percent as U.S. and European shares rose amid receding expectations that Britain could vote to leave the European Union in...

  • *India to start auctioning up to 70 diamond, gold blocks in 2016. *De Beers says no prospecting activity planned for India now. NEW DELHI, June 20- India is seeking the participation of Rio Tinto and Anglo American's De Beers to explore for diamonds and gold, part of Prime Minister Narendra Modi's ambition to make the country a major mineral producer, the mines...

  • The gold price is good: CEO

    PJSC Polyus CEO, Pavel Grachev, discusses where gold prices are headed and says there is positive sentiment in the markets about gold miners.

  • Trading Nation: Gold miners surge

    Ari Wald, Oppenheimer & Co. Executive Director & Head of Technical Analysis, and Larry McDonald, Managing Director, ACG Analytics Head of Global Macro Strategy, discuss gold mining stocks with Brian Sullivan.

  • Gold rallies alongside safe havens

    Jim Iuorio, TJM Institutional Services, and CNBC contributor Jack Bouroudjian, discuss the acceleration towards the move in gold.

  • Right time to buy gold?

    Gold is rallying nearly 20 percent this year, so is now the right time to get in?

  • George Soros returns to trrading with big bearish investments

    The billionaire investor sells stocks, and buys gold and shares in gold miners, according to the Wall Street Journal.

  • OTTAWA, June 8- Canada's main stock index slipped on Wednesday as weakness in the energy sector dragged, offsetting gains by gold mining companies benefiting from higher bullion prices. Goldcorp increased 1.3 percent to C $23.38 and Barrick Gold rose 1.5 percent to C $24.40. The Toronto Stock Exchange's S&P/TSX composite index closed down 52.51 points, or 0.37...

  • EASTERN DESERT, Egypt, June 8- Careering around Egypt's rocky Eastern Desert, Alexander Nubia CEO Mark Campbell peers from his jeep and sees hills so rich with gold they could lure billions in investments and jumpstart the ailing economy. Egypt's gold mining industry has for years been long on potential and short on investment-- the result of a jarring mismatch...

  • CARACAS, June 7- Venezuelan President Nicolas Maduro announced on Tuesday the creation of a ministry devoted just to mining, as the OPEC nation pushes to develop untapped mineral resources to diversify away from the oil industry, which provides nearly all its foreign exchange. This year, Venezuela inked an agreement with Canadian mining company Gold Reserve...

  • VANCOUVER, June 6- A weaker economy in Kyrgyzstan is to blame for the Central Asian state "turning up the heat" on Centerra Gold Inc in recent weeks as the country guns for a bigger slice of the miner's profits, Centerra's chief executive said on Monday. In the past five weeks, the Canadian gold miner has, amongst others, been fined around $100 million for environmental...

  • Trading Nation: Gold miners surge

    Boris Schlossberg, BK Asset Management, and Todd Gordon, Tradinganalysis.com, discuss gold mining stocks with Melissa Lee and "Fast Money" trader Guy Adami.

  • NEW YORK, May 31- Barrick Gold Corp has agreed to pay $140 million to resolve a U.S. lawsuit accusing the gold producer of concealing problems at a South American mine and of fraudulently inflating the company's market value, according to court papers. The settlement, disclosed in papers filed on Tuesday in Manhattan federal court, would resolve a class action...

  • HUEPETUHE, Peru, May 31- In this wildcat gold mining town in the Peruvian Amazon, the boom is over. But the residents of Huepetuhe, whose town square is dominated by a golden statue of a muscular miner, see a shimmer of hope in presidential election front-runner Keiko Fujimori's promise to decriminalize the makeshift mines at the heart of the region's economy.

  • Premium iron ore

    Goldman Sachs warned on Friday that benchmark iron ore prices could slump further due to a growing supply surplus.

  • NEW YORK/ LONDON, May 26- Gold lost its early gains on Thursday, hovering just above the prior session's seven-week low as the U.S. was bolstered by hawkish comments from a Federal Reserve president. A U.S. rate hike may come "fairly soon" if data confirm the economy is continuing to grow and labor markets are still tightening, said Federal Reserve Governor Jerome...

  • LONDON, May 26- Gold rose on Thursday, moving away from a seven-week low hit in the previous session, as the dollar extended losses after the release of U.S. economic data. Spot gold rose 0.1 percent to $1,224.96 an ounce by 1414 GMT. The metal had fallen to its lowest since April 6 at $1,217.25 on Wednesday.

  • Management at the mine in western North Africa also have a contingency plan to minimize the impacts of the strike, which includes processing stockpiled material, Kinross spokesman Louie Diaz said in an email. Its shares were down 8 percent at C $5.95 on the Toronto Stock Exchange, falling more than the S&P/Global Gold Index, which was 5 percent lower on a weaker...

  • LIMA, May 23- Peruvian President Ollanta Humala has declared a 60- day emergency in a remote part of the Amazon to curb high levels of mercury poisoning from rampant illegal gold mining, the country's environment minister said on Monday. A growing number of studies show that residents of the Madre de Dios region near Peru's southeastern border with Brazil have...