Yesterday I blogged about the compensation of CEOs of major mining companies in Canada and the United States. Today let us turn to the stalwarts of the industry, namely the executives of junior mining companies.
Companies with gold in the ground now will be the ones to prosper. In this exclusive Gold Report interview, Ian Gordon discusses where he thinks the Dow will bottom and what companies will come out on top.
The Kyrgyz Parliament is considering revoking Centerra Gold's mining license, accusing the Canadian gold miner of damaging the environment and stealing the country's riches.
Following many years of net annual sales in the 400 to 500 tonne range, central banks, underweighted in gold and overweight in dollars and euro’s, became net buyers of gold.
Peruvian authorities met Thursday with representatives of the town of Espinar in southern Peru, to resolve a conflict between the community and Xstrata’s Tintaya copper mine, which they accuse of polluting their land and water supplies.
The lands will be open for mining licenses, but a majority of them are in protected zones, so officials would have to carefully pick specific regions to auction.
The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a bleak picture for the mining industry.
Commodity bulls point to the massive build out in the developing countries to buttress their argument that the long-term outlook for metals is bullish—and the party has only just begun
The slide in the spot price of gold triggered by disappointment over the Fed's actions – or lack thereof – yesterday accelerated in Thursday trade with the precious metal giving up $50 or just over 3%.