Strike halts gold output at two Randgold mines in Mali — union

Mike Niehuser, founder of Beacon Rock Research, incorporates his banking school background into his mining industry analysis.

Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it to BHP in 2001.

In anticipation of the job's report, the markets and gold jumped yesterday, but there was no good news for President Obama as Friday's report shows the US added a paltry 96,000 jobs in August.

Rio Tinto (ASX:RIO) has teamed up with Sydney's University of New South Wales to create the world's first virtual mine for the purpose of teaching block caving

Matterhorn Asset Management's Egon von Greyerz claims fund managers and investors are shifting from gold ETF's to physical gold, and that the "move in gold and silver has barely started."

Disputes between China and Japan over offshore territory have proceeded a step further with both countries competing for exploratory licenses to large swathes of the Pacific Ocean floor.

Platinum miner Lonmin's (LON:JSE) has signed an agreement to end a nearly four-week platinum-mine strike and return to Marikana mine by Monday, but key parties didn't participate, undermining the government-backed attempt put an end to a violent labour dispute that has left 44 people dead.

The creative department at Visual Capitalist has come up with another infographic on gold. In this, the last of a three-part series, they show us how gold is used across the globe.

The new estimate reports 639,000 ounces of gold in the indicated category and another 830,000 ounces of gold classified as inferred.