Dec 4- Barrick Gold Corp, under fire for a series of missteps in a tough market, confirmed on Wednesday that its 86- year-old chairman and founder will leave the board this spring, along with two other directors.» Read More
CNBC's Seema Mody reports how rising inflation and a depreciating rupee contributed to India's gold slump.
Oct 31- Barrick Gold Corp said on Thursday it will suspend construction at its Pascua-Lama mine, a surprise reversal on a project that has cost billions after years of delays and cost overruns.
LONDON, Oct 30- Gold extended earlier gains on Wednesday after weak U.S. jobs data supported the view that the Federal Reserve would signal plans later in the day to keep its stimulus intact for months.
*Gold edges up, still below 5- week high. LONDON, Oct 30- Gold edged higher on Wednesday as investors bet the U.S. "My feeling is that the overall tone will be somewhat dovish, it will acknowledge the uncertainty generated by the government shutdown and weak data and will emphasise a cautious response going forward," Mitsubishi analyst Jonathan Butler said.
ABIDJAN/ ACCRA, Oct 25- This year's drop in world gold prices has been deeply sobering for West African countries, from established producer Ghana to promising newcomer Ivory Coast, whose prospects of mineral wealth are being snatched away.
VANCOUVER/ TORONTO, Oct 24- Goldcorp Inc raised its cost estimate for building a gold mine at its Cerro Negro site in Argentina by up to a third on Thursday, and said production at the project, which is one of the company's three big mining developments, would be delayed.
Oct 24- Goldcorp Inc on Thursday raised its estimate for building a gold mine at its Cerro Negro site in Argentina by up to a third, and said first production at the project, which is one of the company's three big mining developments, would be delayed.
Oct 24- Goldcorp Inc reported a drop in quarterly profit on Thursday as the price of gold declined, and the Canadian miner said first production at its Cerro Negro project in Argentina, one of its three key mine developments, would be delayed.
JOHANNESBURG, Oct 23- South Africa's Sibanye Gold, spun off earlier this year by Gold Fields, expects earnings to be similar in the second half of the year to the first, assuming its forecast holds for the bullion price to stay around current levels.
Dominic Schnider, Head of Commodity Research at UBS Wealth Management speaks about the outlook for commodities in light of current risk events.
*Platinum climbs 1.5 pct as strike, water curbs hit miners. *Gold holds in narrow range, awaits news on budget deadlock. LONDON, Oct 4- Platinum rose on Friday on news that South African mines are facing water restrictions, while gold fell on a stronger dollar, though uncertainty over a budget deadlock that has led to a partial U.S. government shutdown kept it in a range.
James Steel, chief commodities analyst at HSBC, discusses the effect of the U.S. government shutdown on the gold market.
Oct 1- Newmont Mining Corp the biggest gold miner in the United States, has joined the race for Glencore Xstrata's copper mining project in Peru, the Financial Times reported in its Tuesday edition. Newmont's Chief Executive Gary Goldberg told the Financial Times that Glencore's Las Bambas mine was "an interesting prospect".
*Gold lifted by worries over U.S. budget, debt ceiling talks. NEW YORK, Sept 27- Gold prices ended up about 1.0 percent on Friday, driven up by a possible shutdown of U.S. government operations next week and the threat of a debt default in mid-October, as well as by the prospects for continued easy monetary policy from the Federal Reserve.
DENVER, Sept 27- Gold miners may be tempted back into the takeover game by lower prices and the need to replace reserves, but they are likely to shy away from flashy mega-projects that require big capital expenditures.
*Gold adds to small gains after 3- day drop. SINGAPORE, Sept 25- Gold ticked up for a second session on Wednesday, recovering after a 3 percent drop in as many days, but gains were limited by lacklustre physical demand and lingering uncertainty over the outlook for U.S. economic stimulus.
DENVER, Sept 24- Barrick Gold Corp is in talks on further asset sales, with the focus on divesting smaller, higher-cost mines, Chief Executive Jamie Sokalsky told Reuters on Tuesday. Barrick, the world's largest gold producer, announced a deal last month to sell three of its high-cost mines in Australia for $300 million.
DENVER, Sept 24- Barrick Gold Corp, the world's largest gold producer, is in talk on further asset sales, Chief Executive Jamie Sokalsky told Reuters on Tuesday.
*Hong Kong property rallies as Treasury yields slide post-FOMC decision. HONG KONG, Sept 19- Hong Kong shares jumped to their highest in more than seven months on Thursday, led by gold-related and interest-rate sensitive counters after the U.S.
LONDON, Sept 17- Gold edged higher on Tuesday as the dollar remained under pressure on prospects the Federal Reserve will announce a modest reduction in its bond-buying stimulus at its two-day meeting.