Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.
A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh working conditions.
A "mini gold rush" of amateur prospectors has hit the Australian state of Victoria, with families and retirees from state capital Melbourne traveling to Bendigo in the hopes of striking it rich.
AngloGold Ashanti (NYSE:AU) CEO, Mark Cutifani, reassured investors on Thursday the firm would turn the corner after several strikes in the mining sector left it with major losses.
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.