MINING.COM

A money dam is about to break and flood the gold market: John Embry

All signs still point to a big gold and silver breakout, says John Embry, top strategist at Sprott Asset Management.

Michael Allan McCrae | August 14, 2012 | 1:00 am

Vancouver gold junior surges 49% after Colombia find

Waymar Resources (TSX-V: WYM) rocketed on Monday on 24 times higher than usual trading volumes, after announcing the best drill results yet from its Anza project in Colombia.

Frik Els | August 13, 2012 | 11:00 pm

Morgan Stanley cuts gold price forecast 13%

"We remain cautious toward metals until we see solid evidence of a pick-up in demand.”

Frik Els | August 13, 2012 | 9:54 pm

Barkerville Gold up 11% as 43-101 set to be released

Barkerville Gold Mines (TSX:BGM) is up 10.91% in higher volume on Monday.

Michael Allan McCrae | August 13, 2012 | 9:54 pm

Bottom falls out of jade market

While the jade market in China is a fraction of its overall jewellery trade, the collapse in the value of the stone could indicate tough times for other markets like diamonds and precious metals.

Frik Els | August 13, 2012 | 5:08 pm

China’s main gold miner posts gloomy results

Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic weakness and shrinking demand weighed on global gold prices.

Cecilia Jamasmie | August 12, 2012 | 4:35 pm

South Africa’s third wealthiest man owes the taxman $250 million

South Africa’s third wealthiest man and mining entrepreneur, billionaire Christoffel Wiese, it is said to owe the country’s revenue agency (Sars) an estimated $250 million (R$2 billion) in unpaid taxes.

Cecilia Jamasmie | August 12, 2012 | 4:18 pm

From asbestos to ‘Plan Nord’: Canada’s Quebec sparks controversy over mining plans

Weeks after Quebec’s ruling Liberal party re-launched the province's asbestos industry with a $58-million loan to the Jeffrey mine, opposition leaders are calling the federal government to end what they call a "morally and scientifically indefensible" product.

Cecilia Jamasmie | August 12, 2012 | 3:00 pm

Open-cut gold mine triggers worries for Australia’s Wombat forest

Environmentalists and the local community of central Victoria, Australia, are angry at the Department of Primary Industries for allowing Queensland-based company Fortitude Mining to go ahead with its gold exploration plans in the Wombat State Forest.

Cecilia Jamasmie | August 12, 2012 | 12:27 pm

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The odds are stacked against gold juniors like never before: Abitibi Royalties CEO

Miramont expands Peruvian project but can’t drill just yet

Asia Gold-Buying picks up in India on low prices

SolGold intersects copper, gold at flagship project in Ecuador

Reduced head count, capex spending biggest contributor to mine efficiency mid-decade: McKinsey

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