Gold Mining


  • Early Glance: Gold companies Friday, 23 Jan 2015 | 11:24 AM ET

    NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 06 or. 5 percent, to $12.73. Newmont Mining Corp. fell$. 09 or. 3 percent, to $24.21.

  • Early Glance: Gold companies Thursday, 22 Jan 2015 | 12:09 PM ET

    NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 12 or. 9 percent, to $12.86. Newmont Mining Corp. fell$. 14 or. 6 percent, to $24.18.

  • VANCOUVER/ TORONTO, Jan 21- The New Year's rally in gold stocks offers a respite for the beaten-down sector, but it masks deep-seated problems of bloated debt, weak growth prospects and overvalued assets that will emerge when miners post year-end results in coming weeks. Even if bullion's recent rally persists- it is up 9 percent this year to $1,290 an ounce-...

  • Midday Glance: Gold companies Wednesday, 21 Jan 2015 | 1:22 PM ET

    NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. rose$. 10 or. 8 percent, to $12.63. Newmont Mining Corp. rose$. 78 or 3.3 percent, to $24.35.

  • Early Glance: Gold companies Wednesday, 21 Jan 2015 | 10:45 AM ET

    NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 01 or. 1 percent, to $12.55. Newmont Mining Corp. rose$. 01 or percent, to $23.58.

  • LONDON, Jan 21- Gold climbed above $1,300 an ounce on Wednesday for the first time since August, on increased investor interest due to a softer dollar, worries about the global economy and prospects of stimulus measures from the European Central Bank. Spot gold hit its highest level since Aug. 18 at $1,303.20 an ounce in early trade and was up 0.6 percent at...

  • Final Glance: Gold companies Tuesday, 20 Jan 2015 | 6:36 PM ET

    Barrick Gold Corp. rose$. 78 or 6.6 percent, to $12.53. Gold Fields fell$. 01 or. 2 percent, to $5.72. Newmont Mining Corp. rose $1.28 or 5.7 percent, to $23.57.

  • Final Glance: Gold companies Friday, 16 Jan 2015 | 6:19 PM ET

    Barrick Gold Corp. rose$. 38 or 3.3 percent, to $11.75. Gold Fields rose$. 04 or. 7 percent, to $5.73. Newmont Mining Corp. rose$. 78 or 3.6 percent, to $22.29.

  • Miners crash, Glencore at low as copper tumbles Wednesday, 14 Jan 2015 | 11:48 AM ET

    Mining stocks sold off sharply on Wednesday, with Glencore falling to an all-time nadir, after copper plunged to a five-and-a half-year low.

  • *Gold sector holds best opportunities in mining- QKR. Gold shed around a quarter of its value in the last two years after a more than decade-long bull run. "We have never been busier," said David Harquail, chief executive of royalty and streaming company Franco-Nevada.

  • Investors go long gold, short copper in oil freefall Tuesday, 13 Jan 2015 | 10:13 AM ET
    An employee arranges one-kilogram gold bars for a photograph at a Tanaka Kikinzoku Kogyo K.K. store in Tokyo

    Gold has extended gains to climb to its highest level since last October as copper has fallen further below $6,000, beyond five-year lows.

  • *FTSE 100 up 0.3 pct, France's CAC up 0.4 pct. Britain's blue-chip FTSE 100 index rose 0.3 percent while France's CAC-40 advanced 0.4 percent. Randgold Resources was among the best-performers on the FTSE, advancing 2.1 percent as the gold mining specialist benefited from a rise in the price of gold itself.

  • *Gold dropped 2.5 pct on Monday after oil slide. LONDON, Dec 16- Gold rose around 2 percent on Tuesday, aided by a diving dollar and lower European stocks, after falling more than 2 percent in the prior session in its deepest 1- day slide in over a year. Gold lost 2.5 percent on Monday on a stronger dollar, its sharpest fall in a day since Dec. 2, 2013.

  • SYDNEY, Dec 15- Australian gold miner Newcrest Mining Ltd said on Monday it was planning to split the development of its massive Golpu deposit in Papua New Guinea into two stages as it seeks to reduce spending and improve returns. Newcrest, which jointly owns the project with South Africa's Harmony Gold Mining Ltd, said it had approved a feasibility study to first...

  • JOHANNESBURG, Dec 10- South African stocks rebounded on Wednesday, led by gold mining companies such as Gold Fields and AngloGold Ashanti which rose on the back of a firm gold price and a weaker rand. Gold Fields was the biggest climber on Johannesburg's broader All-share index, gaining 6.6 percent to its highest level in more than a year. Africa's largest gold...

  • *Gold falls as much as 1.6 pct before paring losses. LONDON, Dec 5- Gold fell more than 1 percent on Friday after U.S. Spot gold was down 0.7 percent at $1,196.86 an ounce at 1426 GMT, while U.S. gold futures for December delivery were down $9.90 an ounce at $1,197.80.

  • SINGAPORE, Dec 4- Gold edged lower on Thursday as the metal's appeal as a hedge declined with the dollar trading at a 5-1/ 2- year high against basket of major currencies. *Gold has been moving in tandem with oil prices recently as the metal is seen as a hedge against oil-led inflation. *South African precious metals mining firms Sibanye Gold and Northam Platinum are...

  • *Weak gold prices hurts Sumitomo Metal Mining. TOKYO, Dec 1- Japan's Nikkei share average rose to a fresh seven-year high on Monday as strong corporate spending lifted sentiment, with airline shares extending gains as oil prices tumbled further. Such machinery shares benefited from the strong capital spending figures, with Fanuc Corp rising 1.9 percent and...

  • LIMA, Nov 25- A crackdown on illegal gold mining in Peru has spawned new smuggling routes through its porous border with Bolivia with some gangs using human mules, armored cars and light aircraft to evade capture. The gold is ghosted across jungles, rainforest and Lake Titicaca on the mountainous border, and is then sold to dealers who process the precious metal...

  • TORONTO, Nov 18- Barrick Gold Corp named mining industry veteran Shaun Usmar as its chief financial officer designate on Tuesday, marking the latest shake-up at the gold miner. The Toronto- based gold mining giant has in the last three months let go of at least three other top executives, including its chief executive, the head of legal counsel, along with its head of...