MINING.COM

Selling gold? Look no further than Khartoum

The most deep-pocketed shopper among the 150 or so boutiques in Khartoum’s gold district is the Sudanese central bank.

Frik Els | July 18, 2012 | 8:03 pm

Fresnillo gold output record high and miner confident of meeting targets

The world's largest primary silver producer and Mexico's second largest gold producer, Fresnillo PLC reached record gold production levels and says it remains confident that it will meet its gold and silver production targets for 2012.

Cecilia Jamasmie | July 18, 2012 | 5:15 pm

Rusoro asks World Bank to arbitrate dispute with Venezuela

Russian-Canadian miner Rusoro Mining, is asking an arm of the World Bank to intercede in a legal dispute with Venezuela after the country nationalized its gold industry, and took over the junior’s investments without compensation.

Cecilia Jamasmie | July 18, 2012 | 1:03 pm

AuRico dives 12% over Mexico production problems, announces new CEO

AuRico Gold Inc. (NYSE:AUQ) shed 12% on Tuesday on massive trading volumes, after its preliminary operational results for the second quarter provided a few nasty output surprises and its CEO stepped down.

Frik Els | July 17, 2012 | 8:26 pm

First Quantum suspends operations in Mauritania

First Quantum Minerals has announced it has temporarily suspended normal operations at its Guelb Moghrein copper-gold mine in Mauritania due to illegal strike action by some unionized employees.

Joshua Zapf | July 17, 2012 | 6:59 pm

Here is China’s Bridge to Nowhere. It also happens to be the world’s longest

Simply put, China has built too much, too quickly.

Frik Els | July 17, 2012 | 6:40 pm

Dear gold, thanks for the diversification

Research just out from the World Gold Council, titled ‘Gold as a Strategic Asset for UK Investors’, adds to the evidence that gold investing adds diversification to a portfolio like nothing else.

Will Bancroft - The Real Asset Co | July 17, 2012 | 4:47 pm