Gold is the favoured commodity of 2013 with more than 80% of gold executives expecting to see a rise in the price of gold, despite the poor performance of the precious metal in the last two days.
Harmony Gold Mining (NYSE:HMY) announced Thursday it has closed its Kusasalethu mine in South Africa a day earlier than planned for the festive holiday season due to violent demonstrations following the suspension of 578 workers.
BHP Billiton (ASX, NYSE:BHP) has reportedly chosen mining venture B&A Mineração as the preferred bidder for its Mount Nimba iron ore mine, one of the largest deposits of the mineral in Guinea.