Caterpillar results prove global economy in good shape

A labour strike in demand for higher salaries continued at South Africa's second-largest gold producer, Gold Fields Ld. on Friday, as talks between KDC West miners and the company progress.

Learn how often American political parties mention commodities and energy at their conventions.

Aquarium Platinum (LON,ASX, JSE:AQP) and Xstrata (LON: ) are the latest casualties of the ongoing labour unrest in South Africa. Both companies announced Friday they have suspended operations, as police swooped on striking protesters.

The gold mining industry has been digging its own grave by telling just half of the real cost story, Gold Fields (NYSE:GFI) CEO Nick Holland told the audience Thursday at this year’s Denver Gold Forum in Colorado.

Aleksandra Bukacheva, a mining research analyst with Fraser Mackenzie in Toronto, shares her list of likely targets and suitors in the zinc, copper and precious metals spaces.

The Fed's near-zero interest rate policy and purchases under QE1 kicked off on 16 December 2008. On 15 December 2008 an ounce of gold cost $837.50.

Gold hit an intra-day high of $1.775 shortly before the end of the trading day – a 7-month high and up $240 from its 2012 lows struck in May.

CEOs are getting — on average — 31% less this year.

Philippines-based Philex Mining Corp. (PINK:PXMFF), the country’s biggest miner, said it is ready to start harvesting coffee from its demo farm located in the Barangay Ampucao district, in Itogon.