As the price of gold has climbed in recent years, many Chinese have flocked to Ghana, the world's second bullion producer after South Africa, hoping to find their way out of poverty.
Thousands of protesters marched Saturday in the northern Greek city of Thessaloniki against what they believe are environment-threatening gold mining projects, owned by Canadian Eldorado Gold Corp, (TSX:ELD) (NYSE:EGO).
The miner expects protests against its $3.8-billion joint venture Pueblo Viejo to gradually decline as more people become aware of the economic benefits the gold mine will provide.
South African Harmony Gold (NYSE:HMY) said police is investigating a violent incident that left two of its workers another and injured at one of its mines as unrest continues in the industry.
Mining has become the main contributor to Canada’s Nunavut Gross domestic product (GDP), eclipsing even the government. From all the territory's riches, experts believe that diamonds will play the biggest role in Canada’s future.
