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Gold Mining

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  • *Government-controlled Congress likely to approve reforms. QUITO, May 16- Ecuador's government on Thursday presented a mining bill to Congress that should pave the way for the signing of contracts with several investors, including Canada's Kinross Gold Corp..

  • Midday Glance: Gold companies Thursday, 16 May 2013 | 1:29 PM ET

    NEW YORK-- Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 12 or. 6 percent, to $19.32. Newmont Mining Corp. rose$. 04 or. 1 percent, to $31.61.

  • Many Plains Exploration holders seek buyout stock Thursday, 16 May 2013 | 12:09 PM ET

    PHOENIX-- Mining company Freeport-McMoRan Copper& Gold, which is on the process of acquiring Plains Exploration& Production Co., said Thursday that about 46 percent of that company's shareholders have elected to receive stock for their shares, while 29 percent have chosen to receive cash.

  • Early Glance: Gold companies Wednesday, 15 May 2013 | 10:23 AM ET

    NEW YORK-- Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 19 or. 9 percent, to $20.31. Newmont Mining Corp. fell$. 33 or 1.0 percent, to $32.18.

  • Midday Glance: Gold companies Tuesday, 14 May 2013 | 2:10 PM ET

    NEW YORK-- Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. rose$. 16 or. 8 percent, to $20.46. Newmont Mining Corp. rose$. 01 or percent, to $32.63.

  • Early Glance: Gold companies Tuesday, 14 May 2013 | 10:37 AM ET

    NEW YORK-- Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 15 or. 7 percent, to $20.45. Newmont Mining Corp. rose$. 21 or. 6 percent, to $32.83.

  • Midday Glance: Gold companies Thursday, 9 May 2013 | 1:21 PM ET

    NEW YORK-- Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 20 or. 9 percent, to $21.61. Newmont Mining Corp. rose$. 13 or. 4 percent, to $34.04.

  • Coeur d'Alene 1st-quarter net income triples Thursday, 9 May 2013 | 1:05 PM ET

    COEUR D'ALENE, Idaho-- Coeur d'Alene Mines Corp. said Thursday that its first-quarter net income tripled, helped by an accounting adjustment and increased gold production. The silver and gold producer earned $12.3 million, or 14 cents per share, for the three months ended March 31. That's up sharply from $4 million, or 4 cents per share, a year earlier.

  • SANTO DOMINGO, May 8- The Dominican Republic and Barrick Gold Corp have reached a preliminary agreement to boost the government's cut of profits from a gold mine in the Caribbean nation, easing investor doubts over the future of one of the world's largest new gold projects.

  • May 7- Canadian miner Iamgold Corp reported a 91 percent fall in first-quarter profit due to lower gold production and a decline in price of the precious metal. The company's net earnings attributable to equity holders fell to $10.9 million, or 3 cents per share, from $119.2 million, or 32 cents per share, a year earlier.

  • Iamgold profit plummet as production, prices fall Tuesday, 7 May 2013 | 5:50 PM ET

    May 7- Canadian miner Iamgold Corp reported a 91 percent fall in first-quarter profit due to lower gold production and a decline in price of the precious metal. The company's net earnings attributable to equity holders fell to $10.9 million, or 3 cents per share, from $119.2 million, or 32 cents per share, a year earlier. Revenue fell 14 percent to $305.3 million.

  • Gold Prices Drop 14% This Year  Tuesday, 7 May 2013 | 12:41 PM ET

    Discussing how the big swing in gold prices is impacting the major miners, with Charles Jeannes, Goldcorp CEO.

  • PRECIOUS-Gold falls 1.9 pct as equities gain strongly Tuesday, 7 May 2013 | 10:41 AM ET

    LONDON, May 7- Gold fell further on Tuesday as its appeal as an alternative investment faded after equity markets rose on prospects of sustained central bank stimulus, while holdings in exchange-traded funds slipped to their lowest in more than three years.

  • May 7- Proxy advisory firm ISS said Plains Exploration& Production Co shareholders should vote against the proposed takeover of the oil and gas company by Freeport-McMoRan Copper& Gold Inc, arguing that the mining company's more than $6 billion bid is too low.

  • May 7- Proxy advisory firm ISS said Plains Exploration& Production Co shareholders should vote against the proposed takeover of the oil and gas company by Freeport-McMoRan Copper& Gold Inc, arguing that the mining company's more than $6 billion bid is too low.

  • PRECIOUS-Gold slips as equities gain strongly Tuesday, 7 May 2013 | 8:33 AM ET

    LONDON, May 7- Gold eased on Tuesday as its appeal as an alternative investment faded after European shares rose on prospects of sustained central bank stimulus, while holdings in exchange-traded funds slipped to their lowest in more than three years.

  • May 7- Corvus Gold Inc:. *Begins aggressive 20,000 metre 2013 drill program at the north bullfrog. project, Nevada* Source text for Eikon* Further company coverage.

  • MELBOURNE/ JAKARTA, May 7- An Indonesian company is willing to reimburse Australian explorer Intrepid Mines. for work it carried out on a huge gold prospect in Indonesia, looking to resolve a bitter dispute over rights to the mine, a lawyer said. "They are breaching their agreement with us," Tony Wenas, Intrepid's chief executive in Indonesia, told Reuters.

  • Midday Glance: Gold companies Monday, 6 May 2013 | 1:27 PM ET

    Barrick Gold Corp. rose$. 36 or 1.8 percent, to $20.36. Gold Fields rose$. 06 or. 9 percent, to $7.08. Newmont Mining Corp. rose$. 22 or. 7 percent, to $33.22.

  • S.Africa stocks gain, Harmony recoups losses Monday, 6 May 2013 | 11:49 AM ET

    *Afgri falls as corn futures drop. JOHANNESBURG, May 6- South African stocks extended gains for a third straight session on Monday as oversold mining companies such as Harmony Gold clawed back some of their recent losses. Financial companies Old Mutual and Investec.