Lundin gives up on Nevsun after Zijin’s $1.41 billion offer

The top 10 gold producing countries mined out 1,799 tonnes of the precious metal which is 2% more than in 2011.

Scarcity puts pressure on capex and raises operational risks.

The World Gold Council predicts consumption of the precious metal should be steady this year, although unlikely to reach the high levels seen in the worst of the financial crisis.

The hefty impairment charge reflects higher-than-anticipated operating and sustaining capital costs at Lumwana.

The mining giant provided investors with a sour Valentine’s treat as it posted a $3 billion loss, its first ever full-year loss.

The World Gold Council is offering a three-day course this spring limited to executives at central banks and finance ministries on looking […]

Too soon to call a bear market?

It's not only copper production that's ramping up, but massive iron ore and gold projects are also nearing completion.

Mexican authorities and U.S. Consulate in Guadalajara unable to confirm the deaths. Investors claim nobody ever met the executives.