South African miner Harmony Gold has suspended all drilling and blasting activities at its Joel mine, following a fatal underground explosion on Wednesday afternoon.
Hundreds of striking miners forced Anglo American Platinum, the world's largest producer, to halt operations at its four mines on Wednesday, as labour unrest spread in South Africa's biggest industry.
Canadian Barrick Gold continues to be at the centre of a local political controversy as Prime Minister Stephen Harper's chief of staff, Nigel Wright, is now the subject of a formal conflict of interest probe.
AngloGold Ashanti’s CEO, Mark Cutifani, said gold projects in Colombia are one of the company’s key current priorities and that it has used its first-mover advantage in the country to build a strong position in what he called “the world’s most prospective new gold district.”
Chinese mining stocks are amongst the big winners in the wake of signalling by both Wen Jiabao and Ben Bernanke that central banks on either side of the Pacific are set to pursue further stimulus measures.
The absence of Xi Jinping from several key occasions of state this month has triggered grave concerns about the well-being of China's presumptive heir to power on the eve of the country's decennial leadership transition.