Barrick moves forward with plan to make every employee an owner

It may look as if almost any mining stock you see these days is a bargain just waiting to be plucked.

With gold, silver, and their miners’ stocks drifting listlessly near correction lows, the sentiment in precious-metals land is even more pessimistic than usual.

Naguib Sawiris,an Egyptian mobile phone entrepreneur, is paying $492 million for gold miner La Mancha Resources (TSE:LMA).

Mining companies exploring and operating in Ecuador had some good news yesterday as President Rafael Correa said on state-owned radio station, Radio Publica, he might need to make it easier for miners from now on.

South Africa’s Chamber of Mines said Friday it will set up a special CEO “elimination of fatalities team” in an effort to bring down the number of deaths at the local mines.

South Africa's gold output continues to fall, dropping a further 2.9% in May. The last time the country's mines produced this little, the nation was still ruled by the Queen of England.

Despite the recent deadly and divisive disputes over mining projects in Peru, London-based mining giant Anglo American got the green light from the regional government of Moquegua for its $3 billion Quellaveco copper mine.

When it comes to buying gold, central banks have such a poor timing record that they're frequently joked about as a contrary indicator. Recently, they have been buying, quite literally, tonnes of it.

Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.