MINING.COM

Kinross dumps CEO

After seeing its share price halved in the past year, the Kinross Gold (TSE:K) board decided to remove Tye Burt and promote Paul Rollinson from Executive Vice-President, Corporate Development to CEO.

Michael Allan McCrae | August 2, 2012 | 5:28 am

What happens to Greece’s gold when they exit the Eurozone?

With Germany’s leaders telling us that the exit from the Eurozone by Greece no longer holds terror for them, we understand that they are prepared for such an eventuality.

Julian D.W. Phillips - Gold Forecaster | August 2, 2012 | 5:24 am

Primero gives Q2 results

"Primero achieved its strongest quarter to date. San Dimas delivered record gold and silver production, record profit margins and record operating cash flow for Primero."

Joshua Zapf | August 2, 2012 | 1:25 am

Miners will head to Newfoundland or Ontario if Quebec increases royalty rates: KPMG

A study of Quebec's royalty rates for miners, which was hurried out before the provincial election, warned the government not to dip its hand any deeper into resource company pockets.

Michael Allan McCrae | August 1, 2012 | 10:00 pm

Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low

Nautilus Minerals dropped 7.3% to $1.02 in late-afternoon trade on Wednesday, after the Toronto-based firm announced that it is raising $34 million from its major shareholders at 90c a share to build its seabed mining system.

Frik Els | August 1, 2012 | 9:08 pm

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.

Frik Els | August 1, 2012 | 6:22 pm

Gold and QE3: World’s largest money manager sees ‘cult of inflation’ lasting a ‘few years even decades’

"The cult of equity may be dying, but the cult of inflation may only have just begun."

Frik Els | August 1, 2012 | 4:04 pm

Fresnillo’s gold sales outshine silver

The company is sticking to plans to spend $680 million this year including ramping up production at its Noche Buena mine. The firm has five operating mines and this year forecasts 41 million ounces of silver produced and 460,000 ounces of gold.

Frik Els | August 1, 2012 | 2:48 pm

Barrick stock falters after S&P downgrades over Pascua-Lama ‘execution risks’

Barrick announced last week a 50-60% cost blow-out for the copper-gold-silver project straddling the Chile–Argentina border which could end up with a final bill of as much as $8 billion with $3 billion already spent.

Frik Els | August 1, 2012 | 2:20 pm

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Gold jewelry sales recovering in China, but platinum left on the shelf

B2Gold opens major new solar farm at its Namibia mine

Golden Predator and the Yukon Mint™ unveil first gold coin

Giant mine spewing waste for decades turns into battleground

GO GOLD! Inflationary tariffs could supercharge the yellow metal

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