Shares of mining giant BHP Billiton closed 4.9 percent lower in London on Tuesday after the group announced plans to spinoff businesses worth around $16 billion.» Read More
Hedge fund Paulson & Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter.
MOSCOW, Aug 14- Russia's gold producers' lobby has upgraded its 2014 output forecast to 275 tonnes after the industry boosted production by 26.6 percent in the first half of the year, the Gold Industrialists' Union said on Thursday.
JOHANNESBURG, Aug 14- South African bullion producer Harmony Gold said on Thursday it was looking for acquisition opportunities elsewhere in Africa and in Papua New Guinea, even as it scales back investment on existing projects.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 08 or. 4 percent, to $19.10. Newmont Mining Corp. rose$. 05 or. 2 percent, to $27.11.
Matthew McLennan, First Eagle head of global value, discusses opportunities in gold mining.
NEW YORK— Shares of some top gold companies are up at 10 a.m.:. Barrick Gold Corp. rose$. 03 or. 2 percent, to $19.21. Newmont Mining Corp. rose$. 22 or. 8 percent, to $27.28.
NEW YORK— Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 01 or. 1 percent, to $18.70. Newmont Mining Corp. rose$. 06 or. 2 percent, to $26.45.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 06 or. 3 percent, to $18.75. Newmont Mining Corp. rose$. 04 or. 2 percent, to $26.43.
*Gold shares up 22%, heavily outperform basic gold price. LONDON, Aug 8- Gold mining shares are bouncing back from a disastrous 2013 and are expected to far outperform the price of the metal in coming months as company efficiency measures lure investors back to the sector.
Jake Klein, Executive Chairman, Evolution Mining, outlines how the miner coped with a 28 percent slump in gold prices last year. He also discusses the importance of cost-saving plans.
Ever wonder what Western Australia was like during the 1890s gold rush? CNBC's Matthew Taylor travels back in time to Kalgoorlie.
Sandfire Resources looks set to return cash to shareholders soon.
The annual gathering of the Australian mining space has issued a cautiously optimistic note as the forum in Kalgoorlie kicked off on Monday.
Karl Simich, Managing Director, Sandfire Resources, says the copper space comprises of large mines that are difficult to take over whereas the gold mining sector has smaller assets that are ripe for picking.
Bill Beament, Managing Director, Northern Star Resources, discusses its decision to purchase two mines from Barrick Gold early this year.
NEW DELHI/ SINGAPORE, Aug 1- India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world's second-biggest buyer.
JOHANNESBURG, July 31- South Africa's Sibanye Gold remains on the hunt for a platinum asset and has Anglo American Platinum's mines in its sights, ready to make a move if the owner decides on either a straight sale or a separate listing for the assets.
HONG KONG, July 31- China shares finished their best month since 2012 on a positive note on Thursday, with banks and mining companies leading index solid gains. Zijin Mining Group surged 7.1 percent and Zhongjin Gold Corp 9 percent.
JAKARTA, July 24- Indonesia is expected to issue U.S. mining giant Freeport-McMoRan Copper& Gold with a government permit to resume exporting copper concentrates in one or two weeks, a mining ministry official said on Thursday.
Has gold lost its luster as a safe haven trade? GRZ President and Futures Now contributor Anthony Grisanti, shares his opinions.