AngloGold Ashanti's, the world’s third-largest gold producer, reported that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year.
On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.
AngloGold’s completion of five small, but high-value-yielding acquisitions over the past four years was expected to add about 700 000 oz/y to its production profile at about two-thirds of the cost its competitors would pay to build new assets.
China's number one gold producer said Monday first-half revenues surged 61.4% to $7.8 billion compared to 2011 and should exceed $15.5 billion for the full year.
Artisanal miners in the Philippines are accused of causing environmental devastation but the miners vow to resist mining reforms announced by President Benigno Aquino.
While the Perth Mint produces some products that are a favourite with investors who just want gold exposure only, the mint wants you to know that it has produced some collectibles.