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  • Alamos Gold, AuRico Gold merging in $1.5B deal Monday, 13 Apr 2015 | 8:21 AM ET
    A mine worker displays a large ingot of gold during the refining process at the Loulo-Gounkoto gold mine complex operated by Randgold Resources Ltd. in Loulo, Mali, Nov. 1, 2013.

    Canadian gold mining companies Alamos Gold and AuRico Gold are merging in a deal valued at approximately $1.5 billion.

  • NEW YORK— Canadian gold mining companies Alamos Gold and AuRico Gold Inc. are merging in a deal valued at approximately $1.5 billion. The combined business will have assets including AuRico's Young- Davidson mine in Canada and Alamos' Mulatos mine in Sonora, Mexico. John McCluskey, president and CEO of Alamos Gold, will serve as CEO of the combined business.

  • MANILA, April 13- The Philippines is tightening oversight of the roughly 300,000 small-scale miners in the country as it looks to curb illegal mining and gold smuggling, as well as to protect the environment, a government official said on Monday. The Philippines is sitting on mineral reserves worth $1.4 trillion, among the world's biggest, but mining accounts...

  • SINGAPORE, April 13- Gold steadied above $1,200 an ounce on Monday after rising more than 1 percent in a chart-based rebound the session before, but persistent concern that the U.S. central bank is on course to lift rates this year should cap any gains. *Spot gold was flat at $1,207.81 an ounce by 0015 GMT. *Africa's top gold mining company AngloGold Ashanti is...

  • CULIACAN, Mexico— The head of the mining company robbed of $8.5 million in gold in Mexico made the rare revelation in a television interview that his company has a "good relationship" with area drug traffickers. Rob McEwen, president and chairman of Canada- based McEwen Mining Inc., said in an interview Thursday with Canada's Business News Network that company...

  • TORONTO, April 9- Influential proxy advisory firm Glass Lewis is recommending that shareholders vote against Barrick Gold Corp's executive compensation plan, while flagging "serious concerns" with the executive chairman's pay. Toronto- based Barrick introduced a new compensation program last year after a shareholder outcry in 2013, but it still resulted...

  • TORONTO, April 9- The influential proxy advisory firm Glass Lewis is recommending that shareholders vote against Barrick Gold Corp's executive compensation plan, while flagging "serious concerns" with the executive chairman's pay. The Toronto- based company introduced a new compensation program last year after a shareholder outcry in 2013, but it still...

  • India's rich temples may open gold vaults for PM Modi Thursday, 9 Apr 2015 | 5:00 PM ET

    It is one of India's richest temples, having amassed 158 kg of gold offerings, worth some $67 million, and its heavily guarded vaults are strictly off limits. Now, Prime Minister Narendra Modi wants to get his hands on this temple gold, estimated at about 3,000 tonnes, more than two thirds of the gold held in the U.S bullion depository at Fort Knox, Kentucky, to help...

  • Early Glance: Gold companies Thursday, 9 Apr 2015 | 10:26 AM ET

    NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 04 or. 3 percent, to $12.36. Newmont Mining Corp. rose$. 03 or. 1 percent, to $22.11.

  • Midday Glance: Gold companies Wednesday, 8 Apr 2015 | 2:03 PM ET

    NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. rose$. 08 or. 6 percent, to $12.44. Newmont Mining Corp. rose$. 03 or. 1 percent, to $22.20.

  • Early Glance: Gold companies Wednesday, 8 Apr 2015 | 12:57 PM ET

    NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 01 or. 1 percent, to $12.37. Newmont Mining Corp. rose$. 09 or. 4 percent, to $22.26.

  • Early Glance: Gold companies Tuesday, 7 Apr 2015 | 11:05 AM ET

    NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 01 or. 1 percent, to $12.60. Newmont Mining Corp. fell$. 21 or. 9 percent, to $22.37.

  • Supporters, opponents of Greek gold mine clash Sunday, 5 Apr 2015 | 12:10 PM ET

    ATHENS, Greece— Police say hundreds of supporters and opponents of a gold mining operation in northern Greece have clashed despite efforts to separate them. Police say more than 2,000 supporters and about 850 opponents of the mine were involved. The mine operation in Halkidiki peninsula, by Vancouver, Canada- based Eldorado Gold Corp, has sharply divided...

  • NEW YORK, April 1- Barrick Gold Corp has lost its bid to dismiss a U.S. lawsuit that accuses the world's largest gold producer of concealing problems at a troubled South American mine and of fraudulently inflating the company's market value by billions of dollars. District Judge Shira Scheindlin in Manhattan ruled on Wednesday that shareholders can pursue...

  • NEW YORK, April 1- Barrick Gold Corp lost its bid to dismiss a U.S. lawsuit accusing the world's largest gold producer of concealing problems at a troubled South American mine, and fraudulently inflated its market value by tens of billions of dollars. District Judge Shira Scheindlin in Manhattan ruled on Wednesday that shareholders could pursue class action...

  • Peak gold: Only 20 years' worth of metal left? Tuesday, 31 Mar 2015 | 11:45 AM ET

    A new report from Goldman Sachs suggests there are only two decades of "mineable" gold left.

  • LONDON, March 30- Gold fell one percent on Monday, down for a second straight session as the dollar climbed on increasing prospects that the Federal Reserve may start raising interest rates gradually this year. "It seems the market is once again focusing on the Fed raising rates," Deutsche Boerse's MNI senior analyst Tony Walters said. Gold, which does not pay any...

  • That far outstrips an estimate given late last year of 42-52 tonnes, after Mexican gold and silver miner Fresnillo said it was hedging 47 tonnes of output over five years. In their quarterly Global Hedge Book Analysis, Societe Generale and GFMS analysts at Thomson Reuters said the bulk of the rise in the global gold hedge book last year was driven by Fresnillo and...

  • Here's a new way to use gold   Wednesday, 25 Mar 2015 | 1:35 AM ET
    Here's a new way to use gold

    Founders of BitGold, Roy Sebag and Josh Crumb, explain how the Toronto-based gold and bitcoin internet startup facilitates "a new way to use gold."

  • MEXICO CITY, March 6- Four workers at a Mexico mine owned by Goldcorp Inc. have gone missing and were possibly kidnapped, the state attorney general's office said in a statement on Friday. Goldcorp, the world's biggest gold producer by market value, owns the Los Filos mine in the violent southern Mexican state of Guerrero. Guerrero state has the highest homicide...