MINING.COM

Harmony Gold’s workers mining their own business: company to give them 2,9% ownership

Over 33,000 workers of Harmony Gold Mining (NYSE:HMY), South Africa's third-biggest gold producer, will be owners of direct shares in the company thanks to its employee share ownership plan (ESOP), announced CEO Graham Briggs today.

Cecilia Jamasmie | March 15, 2012 | 12:38 pm

Grasberg strike bites into Freeport’s production outlook

Freeport McMoRan Copper & Gold Inc will produce 80 million pounds less copper and 125,000 ounces less gold due to labour strife at the company's Grasberg mine in Indonesia.

Andrew Topf | March 15, 2012 | 12:37 pm

Some of the biggest silver bulls in the herd speak up

As the silver space picks up momentum and grabs attention, it's taken on a decidedly Latin look.

The Gold Report | March 14, 2012 | 11:13 pm

Risks challenging Latin American miners

Mining companies face risks in Latin America, from nationalization to skilled labor shortages.

The Gold Report | March 14, 2012 | 10:12 pm

Gold falls to lowest level for 7 weeks and regained platinum premium widens

Improving U.S. economic sentiment bringing prospects of an interest rates rise ahead have strengthened the dollar and meantime weakened the gold price while platinum is again showing a premium over gold.

Mineweb | March 14, 2012 | 12:32 pm

Woulfe Mining sheds 8.5% despite positive gold mine PEA

Woulfe Mining was off 8.5% to trade at 32 cents on the Canadian venture exchange today despite delivering a preliminary economic assessment for its Muguk gold project in Korea.

Andrew Topf | March 14, 2012 | 11:33 am

China consolidates position as World No. 1 gold miner

China's annual gold production continues to grow comfortably maintaining its position as the world's biggest gold miner assuming official statistics tell the full picture - which they may not!

Mineweb | March 14, 2012 | 10:41 am

Chile’s Antofagasta shares dive despite record profit in 2011

Shares of Chilean miner Antofagasta PLC (LON:ANTO) were down 3.1% this morning after the company disappointed market hopes for a whopping special dividend and announced instead a cut on dividends and an increased spending on growth projects.

Cecilia Jamasmie | March 13, 2012 | 1:10 pm

South African gold production continues to plunge

Once the world's biggest gold producer by a huge margin, South Africa's gold production is continuing to dive with an 11.3% fall year on year in January, following an 8.2% drop in December.

Mineweb | March 13, 2012 | 11:27 am

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