Gold

BHP Billiton addressed shareholder concerns about its ambitious investment plans in four mega-projects on Wednesday saying it will match capital expenditures closely with cash flows and stagger the project pipeline.

There is no such thing as an average miner.  There is no such thing as an average salary.  Yet we can get some idea of how well mining people are paid by looking at the average salaries for 2011 on US metal mines recently published CostMine.

Barrick Gold Corp. (TSX:ABX) increased its quarterly dividend by 33%, as the company announced Wednesday a 3% increase in its first-quarter profit.

Following the resignation of inveterate dealmaker and founder Robert Friedland a fortnight ago, Rio Tinto insiders and Arthur Andersen alumni have been appointed to lead Ivanhoe.

Yamana Gold (TSX:YRI) announced that net earnings increased 15% to $170 million, $0.23 per share in first quarter of 2012.

The Globe and Mail notes that rules for the second environmental review of Taseko Mine’s Prosperity project has been tightened up, and […]

Birks, one of Canada's main manufacturers and retailers of fine jewellery since 1879, is bringing the largest collection of yellow diamonds ever to be exhibited in the jeweller's history to its Toronto location. A collection of pieces worth $10 million will be showcased at Birks on Bloor from May 2 to 6, 2012.

Newmont Mining could reallocate project funds if an ongoing evaluation of the environmental impact study for its $4.8 billion Conga mine turns economically unfavourable, CEO Richard O'Brien said.

The Supreme Court of Chile suspended Goldcorp's (GG: NYSE; G: TSX) environmental permit for the El Morro copper-gold project.