About 50,000 ounces - or about 125 gold bars - is all that stood in the way of Newmont Mining Corp. claiming the title of world's biggest bullion producer.The Greenwood Village, Colorado-based miner said Thursday its 2017 gold production was 5.27 million ounces, ending the year in a near dead-heat with industry leader Barrick Gold Corp., which produced 5.32 million ounces.However, Newmont reitera...Read More
Global miner Anglo American (LON:AAL) was full of good news Thursday as it announced it had doubled its net profit in 2017, slashed debt and said it would pay its highest dividend in a decade, thanks mainly to rising commodity prices and lower costs.The company, the last of the world's largest miners to report annual results this month, said earnings before interest, tax, depreciation and amortiz...Read More
Global miner Anglo American (LON:AAL) was full of good news Thursday as it announced it had doubled its net profit in 2017, slashed debt and said it would pay its highest dividend in a decade, thanks mainly to rising commodity prices and lower costs.The company, the last of the world's largest miners to report annual results this month, said earnings before interest, tax, depreciation and amortiz...Read More
Global miner Anglo American (LON:AAL) was full of good news Thursday as it announced it had doubled its net profit in 2017, slashed debt and said it would pay its highest dividend in a decade, thanks mainly to rising commodity prices and lower costs.The company, the last of the world's largest miners to report annual results this month, said earnings before interest, tax, depreciation and amortiz...Read More
Global miner Anglo American (LON:AAL) was full of good news Thursday as it announced it had doubled its net profit in 2017, slashed debt and said it would pay its highest dividend in a decade, thanks mainly to rising commodity prices and lower costs.The company, the last of the world's largest miners to report annual results this month, said earnings before interest, tax, depreciation and amortiz...Read More
Kammar Andries, of Ocoee, won the Main Event No-Limit Hold 'Em during the World Series of Poker Circuit at Seminole Casino Coconut Creek.Read full newsRead More
si-local-file:///var/storage/secattach/20180221/13845344.htmlRead full newsRead More
A Tanzanian man has been arrested in Kenya's capital city while trying to board a flight to Dubai with approximately $1 million worth of gold, Kenyan authorities said.Read full newsRead More
The largest U.S. gold producer will announce fourth-quarter earnings on ThursdayRead full newsRead More
Hochschild Mining is to ramp up its hunt for gold as it steps up spending on exploration in three different countries and signals its renewed interest in acquisitions.Read full newsRead More
* Sibanye has been a dividend play with mature assets* Impairments, silicosis provision hit 2017 earnings* Troubled S. African platinum assets delivered solid performance* Share price dives 13 percent (Adds latest share moves, details)By Ed StoddardJOHANNESBURG, Feb 22 (Reuters) - Precious metals producer Sibanye-Stillwater cut off thedividend stream that has made it an investor darling after repo...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts recently said, after Leagold Mining Corp (TSX: LMC) unveiled a $264 million bid for fellow Canadian gold miner Brio Gold Inc., according to Thomson Reuters.Six years after the last mining boom ended with billions of dollars in writedowns following over-priced mega-acquisitions, miners remain wary of bi...Read More
Officials cited 'substantial underlying economic momentum'Several cautioned about 'imbalances in financial markets'Bloomberg's Chris Condon reports that Fed officials are growing more positive on the economy.U.S. central bankers sent a strong message Wednesday that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this y...Read More
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts recently said, after Leagold Mining Corp (TSX: LMC) unveiled a $264 million bid for fellow Canadian gold miner Brio Gold Inc., according to Thomson Reuters.Six years after the last mining boom ended with billions of dollars in writedowns following over-priced mega-acquisitions, miners remain wary of bi...Read More
Gold and Silver Shine Bright for InvestorsGold is burnishing its allure to investors in the wake of the recent market turmoil.Investors piled into VanEck’s Vectors Gold Miners exchange-traded fund last week to the tune of $529 million, the most since September 2013. The ETF holds shares of mining companies including Newmont Mining Corp. and Barrick Gold Corp. Gold meanwhile rallied after tw...Read More