Almost half of deadly mine accidents in South Africa happened at Sibanye-Stillwater sites: Minister

FBI raids on the Iowa offices of Peregrine Financial Group have uncovered a trove of special-edition SpongeBob Squarepants silver bullion amongst the effects of the failed futures brokerage.

China represents about a quarter of global demand for the precious metal and allowing the country's banks to trade gold directly with each other should boost demand further.

Barrick Gold Corp. reports second quarter earnings on July 26th, and it has to be one of the most anticipated set of results in the company’s history. New chief executive Jamie Sokalsky will address the broader market for the first time since the shocking ouster of Aaron Regent in June. He is expected to provide more detail on Barrick’s strategic direction.

An Argentine court ruled Wednesday in favour of suspending Famatina, a gold exploration project led by Canadian company Osisko (TSX:OSK), until a new ruling outlawing mining near glaciers is applied in the area.

Halifax-based Metals Economics Group (MEG) published Thursday its Pipeline Activity Index (PAI), which shows equity financing conditions continue to take their toll, as gold companies were able to raise only $445 million through equity placements in May-June—the lowest two-month total since late 2008.

Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.

The Vancouver-based gold junior's stock was worth a mere 7.5c when the first drill results from its Las Tres Palmas trend in the Dominican Republic was first released. By June 1 it had increased ten-fold. On Wednesday it gained another 22% after new drill results hinted just how rich the Romero discovery may eventually turn out to be.

The US is not at the beginning of a recovery, according to David Stockman, former Director of the Office of Management and Budget.

Calling gold the ultimate money, Jay Taylor, editor of Jay Taylor's Gold, Energy & Tech Stocks, watches the real price of gold with a gimlet eye. In this exclusive Gold Report interview, Taylor shares promising names in each of the four categories in his model portfolio.