MINING.COM

Central banks double last year’s gold buys

Central banks demand for gold in the second quarter reached 157.2 tonnes, a record high and more than double last year's Q2.

Michael Allan McCrae | August 17, 2012 | 5:30 am

China and India go soft on gold as worldwide demand sinks 7% in Q2

Worldwide demand for gold in the second quarter of 2012 fell to 990.0t, down 7% in comparison to last year said the […]

Michael Allan McCrae | August 16, 2012 | 9:51 pm

Obama and Buffett are anti-market fascists: Rick Rule

Attention-getter Rick Rule had choice words when asked about Warren Buffett, who said that President Barack Obama is “not anti-business.” “There is […]

Michael Allan McCrae | August 16, 2012 | 9:09 pm

Egypt to issue tenders for foreign gold explorers

The Egyptian Mineral Resources Authority plans to issue international tenders in September to explore for gold in seven areas in Egypt's Eastern Desert and Marsa Alam regions in the south where it has identified deposits.

Frik Els | August 16, 2012 | 7:24 pm

60 dead after landslide at Congo gold mine

"Illegal miners rushed to be the first in the bottom of the pit but the sides collapsed, burying them all."

Joshua Zapf | August 16, 2012 | 4:55 pm

Investors cheer Barrick’s plans to sell African Barrick to China

Barrick Gold was trading up 3.8% in heavy volumes in Toronto and African Barrick Gold shot up 8% after Barrick confirmed that it is in early talks with China National Gold Group regarding its 74% holding in ABG.

Frik Els | August 16, 2012 | 4:38 pm

Stock falls over and CEO resigns after a ‘near-term liquidity challenge’ at Great Basin Gold

Great Basin Gold's stock was cut in half and Ferdi Dippenaar, the company's CEO, resigned after it announced liquidity problems in its second quarter.

Michael Allan McCrae | August 16, 2012 | 5:28 am

‘Tantamount to selective reporting’: analyst on Barkerville Gold’s 43-101

The Northern Miner called Garth Kirkham, chairman of the best practices committee at the Geological Society of Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), who was not sparing in his opinion of the 43-101 that Barkerville Gold released on Monday night.

Michael Allan McCrae | August 16, 2012 | 4:56 am

China’s expansion a risk for Western mining interests in Africa

China's rapid expansion in the African continent brings both risk and peril to Western mining companies operating in the region.

Marc Howe | August 16, 2012 | 12:15 am

First

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Landslide at Honduran mine kills four

Mine workers must embrace technology to use it successfully

The pay gap in Latin America is over $90K for nationals and expatriates

Trump trade war blows up big week for mining majors

South Africa’s new mining charter to credit past black deals

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