Resolute’s Syama gold mine in Mali to be fully automated

Swiss luxury jeweller and watches manufacturer Chopard, in partnership with London store Harrods, has unveiled newest precious stones-based collection inspired by Walt Disney’s Princesses.

Centerra Gold (TSX:CG) was trading low on Thursday morning, after the Canadian gold miner reported Wednesday night a $46.8 million quarterly loss due to higher costs and severely lower production at its Kumtor mine in Kyrgyzstan.

In what it shouldn’t come as a surprise for anybody who has been following the news in the last three month, South Africa reported Thursday its mining output dropped 8.3% on the year in September.

Storied investor Stephen Leeb says he is bullish on gold in the long-term due to surging demand from the Middle Kingdom and his belief that China plans to back its official currency with the precious metal.

The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.

Gold prices and gold-related shares have witnessed impressive gains following President Barack Obama's second-term election win.

Veteran gold investment expert Richard Russell says that as a result of Bernanke's knocking down of the US dollar "insane" bubbles are building up everywhere in the American economy.

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

The world's biggest mining company has announced that it has embarked upon the search for a successor to Marius Kloppers as the South African approaches his sixth year as BHP's CEO.