Sandstorm shares up on Hod Maden drill results

While gold is giving back some of its largest gains following Trump's win in the US Presidential election, miners of the precious metals continue to climb.

Output of the precious metal in the three months to Sep. 30 increased 20% to 3.1 million ounces — a new quarterly record.

Leston Lawrence, 35, stole 22 gold pucks by carrying them in his rectum to evade metal detectors.

Up more than $60 as investors seek safe haven before paring much of the gains.

Ecuador began last month granting licences for new exploration areas, with over 300 of them to be awarded by the year-end.

Consumer demand for jewellery, coins and bars, dropped by a quarter as high prices slowed down acquisitions from top consumers China and India. Investments, however, were up by 44%.

Comprehensive wage agreement brings stability to South Africa platinum industry, responsible for more than 70% of world output.

Updated study shows it would cost $5 billion, or over 20% of Barrick Gold's current market value.

The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.