Congo’s Gecamines to rework contracts with foreign partners

If the board of the world's largest miner does not make a decision on the giant copper-gold-uranium-silver project in South Australia's outback by 8 December then it would lose all approvals and royalties concessions.

The raft of US economic numbers out this week and the stream of bad news emanating from Europe saw the gold price swing in a $40 an ounce range on Wednesday.

Visualcapitalist has put together an infographic on the history of gold from the pharaohs to the Fed .

Ruchir Sharma, head of emerging markets at Morgan Stanley, makes one of the most bearish statements yet on the end of the so-called commodity supercycle.

Australian Prime Minister, Julia Gillard, warned the mining industry that nationals not only want, but also deserve a share of the nation's resources boom and reminded its leaders they don't "own" the minerals of the country.

Pan African Resources (LON:PAF) has successfully concluded months of negotiations and has now entered into a deal with Harmony Gold to buy the operating Evander gold mine in South Africa. The acquisition will double Pan African's annual gold production to approximately 200,000 ounces.

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.

A positive PEA for it Black River gold project in Nunavut, Canada gave Sabina Gold & Silver (TSX:SBB) a 5.6% bump in its stock price Tuesday.

Canada’s third main gold miner Kinross Gold (TSX:K) is selling its stake in the Crixas gold mine in Brazil, to South Africa’s AngloGold Ashanti for $220-million.