December 2, 2012

Mongolia enjoys a new mining wealth but at what cost?

Massive Oyu Tolgoi copper and gold mine only tells part of the story of mining in Mongolia.

December 2, 2012

Precious metals uncertainty will continue

It appears now that the markets have the certainty that the uncertainties will continue, until at least September 2013, the time of the German general election.

December 2, 2012

How Gold Fields got rid of 90% of its South African workers without firing anyone

It's all about productivity.

December 2, 2012

Newcrest sells 7.5% stake in Indonesian gold mine to PT Antam

Newcrest Mining announced the sale of its 7.5% stake in Indonesia's Gosowong gold mine to PT Antam for $160 million.

December 2, 2012

American Eagle gold coin sales soar to 14-year high

Fiscal cliff worries and Obama re-election spur safe-haven buying.

November 30, 2012

VIDEO: Gold, silver producers take advantage of soft market to rework contracts and drive down costs

"There is a loyalty improvement, which is great for the industry."

November 30, 2012

Golden bullshine

In 2001 and 2002 miners were producing gold for sub-$180 cash costs - the operational cost of the mine divided by the ounces of production. Data from GFMS shows world…

November 30, 2012

Canadian miners to face triple whammy in 2013: higher costs, lower ore grades and global uncertainty

Study suggests companies to invest now and so ensure they can fulfill future global demand for commodities.

November 30, 2012

Mining giants seek world’s second-largest undeveloped copper mine

Vale (NYSE:VALE), Teck (NYSE:TCK) and Freeport-McMoRan (NYSE:FCX) are some of the names analysts are throwing into the pot as the next likely bidders for Inmet MiningCorp. (TSX:IMN), which owns the…

November 30, 2012

Miners downsizing capital expenses for smart growth

Smart companies are beginning to ignore insistence that production growth is always good and focus on growing their margins by lowering capital expenses.