TORONTO - Peter Munk, a Canadian immigrant who founded Barrick Gold and turned it into the world's largest gold producer, died Wednesday. He was 90. His daughter Nina Munk saidRead full newsRead More

Shares of gold miners have fared worse than the precious metal itself over the past year-a development that is fueling concern about bullion's ability to keep climbing.Read full newsRead More

Wheaton Precious Metals Inc. (TSX:WPM)(NYSE:WPM) has a unique and exciting business model that allows it to reward investors with relatively low risk and a variable dividend.Read full newsRead More

South Africa's Gold Fields (JSE, NYSE: GFI) and Canada's Asanko Gold (TSX: AKG) are teaming up to develop one of Ghana's newest gold mine, the Asanko Gold Mine (AGM), is located in the country's Ashanti Region.As part of the deal, Gold Fields is acquiring a 50% stake in Asanko's local subsidiary, which gives it a 90% ownership in AGM, for a total of $203 million. The Vancouver-based firm is also g...Read More

South Africa's Gold Fields (JSE, NYSE: GFI) and Canada's Asanko Gold (TSX: AKG) are teaming up to develop one of Ghana's newest gold mine, the Asanko Gold Mine (AGM), is located in the country's Ashanti Region.As part of the deal, Gold Fields is acquiring a 50% stake in Asanko's local subsidiary, which gives it a 90% ownership in AGM, for a total of $203 million. The Vancouver-based firm is also g...Read More

Prices heading for third quarterly rise as ETF demand picks upBolton's addition to Trump's team may spur gains, ANZ predictsSell Bitcoin, Buy Gold? Gold bulls are finding 2018 offers plenty of reasons to be cheerful.Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade. Haven demand may also get a bo...Read More

Salt Lake City, Utah: 28 March 2018 - Boart Longyear announces it is adding new exploration drill rigs to its Drilling Services fleet around the world to meet the demand of expanding exploration budgets.Latin AmericaIn Chile, a brand new LF?,,?160 top-drive coring rig is being added to a current customer project where two LF160 rigs are already working onsite. The LF160 rig paired with the FL262 F...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average has declined 3.5% so far in 2018. If it closes lower in the first quarter, a nine-quarter streak of gains will end.The Dow was on pace for its worst month of trading since January 2016.The final reading for U.S. GDP in the fourth quarter was up 2.9%. Wall Street Overview U.S. stocks weren...Read More

Former Export Development Canada senior manager Amelie St-Onge has joined leading privately-owned international mining software company Micromine as its Canada regional manager, based in Vancouver.Staff reporter29 MARCH 201829/03/2018commentsshareSt-Onge, who has a Queen's University MBA, spent the past nine years with Export Development Canada, most recently leading development of EDC's relations...Read More

Mining contractor Watpac (ASX: WTP) is considering an exit from mining as failure to secure new work hampers its expected full-year results.Staff reporterWatpac weighs mining exit29 MARCH 201829/03/2018commentsshare The company said this week that due to the disappointing performance of its mining business and the impact of legacy residential projects, it expected to post a full-year underlying ne...Read More

Salt Lake City-headquartered Boart Longyear said this week it had added a handful of new drill rigs to a global fleet that shrunk last year by 19%. The penny stock that continues to trade on the ASX (BLY) after last year's massive debt-for-equity debt restructuring says "expanding exploration budgets" have spurred rig purchases in the Americas and Africa.Staff reporter Boart Longyear has added a h...Read More

Thought of the Morning: Tesla By: @BrianSozzi Tesla shares under pressure again on Wednesday -- stock is down almost 10% this week. A helpful thought buried in Moody's credit rating downgrade on Tesla Tuesday. "These cash needs will likely require Tesla to undertake a near-term capital raise exceeding $2 billion. Moreover, if the company maintains its expected pace of expansion, it will likely n...Read More

* FTSE up 0.6 pct at close, regains 7,000-point level* Shire soars on possible Takeda takeover bid* Defensives rise, miners and energy stocks fall (Recasts, adds detail and chart, updates prices at close)By Tom Pfeiffer and Kit ReesLONDON, March 28 (Reuters) - A move into defensive stocks helped Britain's FTSE climb to a one-week high on Wednesday, shaking off broader concerns over the U.S. tech...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE index down 1 pct* Fifth daily drop in six sessions* Mining, energy stocks fall* Shire soars on Takeda possible takeover bid* Unilever , Capita move higherBy Tom PfeifferLONDON, March 28 (Reuters) - Britain's FTSE index resumed its downward march on Wednesday as negative newsflow around the U.S. tech giants and linge...Read More

Investing.com - Gold prices slipped on Wednesday as the dollar pushed higher amid renewed concerns over the prospect of a trade war between the U.S. and China and after steep falls on Wall Street and in Asia led by a selloff in tech stocks.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slid $1.7 or 0.13% to $1,340.30 a troy ounce by 05:13 AM ET (09:13 GMT...Read More

New float hopeful Metals 479, which takes its name from a portmanteau of the atomic numbers of silver (47) and gold (79), was established last year with Spott, supported by Australian fund managers and high net worth individuals.Read More

(Bloomberg) -- Rio Tinto (LON:RIO) Group completed its exit from coal with a bang, agreeing to sell more than $4 billion of Australian mines in just a week.The world’s second-biggest miner on Tuesday agreed to sell its last coal mine, the Kestrel operation in Australia’s Queensland state, for $2.25 billion to private equity firm EMR Capital and Indonesia’s PT Adaro Energy. Th...Read More

The latest news and price moves to start the Asian day on Thursday March 29.Base metals prices on the London Metal Exchange generally ended higher at the close of trading on Wednesday March 28, with only aluminium and zinc trading lower. Read more in our live futures.Here are how LME prices looked at Wednesday's close:Indonesia's Gresik copper smelter in eastern Java will shut down for up to 10 da...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $20.10 to $1,324.40 on Wednesday. The TSX Venture Exchange fell 18.61 points to 784.22 while the TSX Gold Index fell 3.55 points to 184.04. Most Canadian gold miners lost ground today, some taking a big hit. Pre...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a bleak 53-108-129. The TSX Venture Exchange fell 18 points to 784 while polished diamond prices inched higher. Dr. Stewart Blusson's Archon Minerals Ltd. (ACS) jumped 28 cents to $...Read More