US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high operating costs during the rest of the mine’s short expected life.
The uninterrupted rise in gold ETFs has created an untested investment vehicle that could turn against people holding it, said Kitco economist Jon Nadler.
The justice minister of Ireland did not find a conclusive link between cash for gold shops and increased precious metal burglary in the country, but the minister's study did recommend that the country look at some controls for the industry.
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.