Who will be left to mine the world's metals and minerals? As prices for gold, silver, copper, uranium, and iron ore continue to fall, miners are increasingly turning to layoffs...
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June 27 - News
It's well known that the gold majors are suffering from elevated all-in costs after years of reckless expansion into high risk countries and exploration overkill.
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June 26 - News
After a spate of tragic accidents claimed the lives of dozens of workers at its huge Grasberg gold and copper mine in Indonesia, Freeport-McMoRan Copper & Gold Inc.
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June 25 - News
Just a few years ago, China (NYSE:SNP) was in a mad dash to buy up the world's resources, particularly those in Africa. China Petroleum & Chemical Corp (ADR) (NYSE:SNP), also...
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June 25 - News
Concerns about the Federal Reserve's eventual end to its quantitative easing program changed from a relatively orderly sell-off yesterday to slightly more panicked movements today...
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June 21 - News
As I write this post gold is trading at $1,370 per troy ounce. In the past two months, the price of gold has varied between $1,347.9 and $1,415.1, depending on when this is ...
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June 20 - News
In the end, Kinross Gold Corporation (USA) (NYSE:KGC) had little choice but to walk away from its massive Fruta del Norte gold mining project in Ecuador.
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June 18 - News
According to the World Gold Council, 2011 was the golden period for gold as global demand for gold increased 0.4% to 4,067 tons at an estimated value of $205.5 billion, the highest...
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June 17 - News
Gold miners are not known for their shareholder returns. In fact, miners are often criticized for not returning enough cash to shareholders, choosing instead to spend their...
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June 17 - News
While most of the gold exploration and production companies, from Barrick Gold Corporation (USA) (NYSE:ABX) to the junior plays such as Valor Gold are increasing their focus...
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June 13 - News
It's no secret that the basic materials sector has seen some rough times lately. However, a bullish spike last year offered hope.
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June 12 - News
From a high point near $1,900 an ounce reached in August of 2011 -- and a more recent high near $1,800 last September -- gold prices have plunged to something like $1,400 an ounce...
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June 4 - News
Fund manager and market statistician John Hussman sees bad things on the horizon. He's been buying gold shares in Hussman Strategic Total Return Fund this year.
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June 4 - News
It's beginning to look like Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)'s acquisition of oil and gas produce Plains Exploration was prescient.
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June 4 - News
Chile’s environmental regulator has recently imposed a $16 million fine on Barrick Gold Corporation (USA) (NYSE:ABX).
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May 31 - News
The world’s leading gold producer Barrick Gold Corporation (USA) (NYSE:ABX) recently released its quarterly results, in which its profits fell on lower prices and lower volumes...
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May 30 - News
Toronto-based mining giant Barrick Gold Corporation (USA) (NYSE:ABX) has not had a very good start to the year.
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May 29 - News
While gold prices are falling, gold miners’ stocks are falling at a faster pace. Gold prices are down 20% year-to-date.
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May 28 - News
Many in the investment community have been sounding the warning bells over the future direction of gold, given all that's occurring in the global macroeconomic landscape.
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May 28 - News
Last month, after reporting on the twin battles Barrick Gold Corporation (USA) (NYSE:ABX) was waging in Chile at its Pascua Lama mining project, a commenter said the gold miner...
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May 28 - News
Jeffery Vinik's Vinik Asset Management has his top five stock picks spread across a number of industries.
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May 28 - Hedge Funds
Friday's trading session saw a halt in trading of two major precious-metals companies on news that the Chilean government was shutting down operations at the Pascua Lama mine.
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May 28 - News
Gold's dramatic rise over the past few years has been made more interesting by its recent fall from grace. Gold currently trades around $1,365 per ounce, down significantly ...
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May 24 - News
I was wrong, I admit it. A while ago I wrote a post about how central bank demand would push gold higher.
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May 22 - News
Since 2009, most commodities have been on a fairly strong, and sustained, run. But in recent months, that trend has shown signs of reversing.
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May 22 - News
With Gold at lows not seen since late 2010- early 2011, many savvy investors are seeking to buy some gold, or at least get a share in gold mining companies, especially when gold...
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May 21 - News
Gold was one of the top investment choices for the last decade. People who bought gold at the beginning of the decade earned impressive profits. Even though there were downturns...
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May 14 - News
Following earnings results that showed a smaller-than-expected loss in the first quarter, rare-earth minerals miner Molycorp Inc (NYSE:MCP) surged 31% high on Friday as investors...
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May 12 - News
Few questioned the reasoning behind the thesis. Natural gas prices had been stuck in a range between $2.00-$3.30/mmBtu for almost two years.
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May 8 - News
On Friday, Silver Wheaton Corp. (USA) (NYSE:SLW) will release its latest quarterly results.
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May 8 - News
Since the beginning of 2013, gold has remained in the spotlight. It certainly receives its share of publicity.
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May 7 - News
Apple Inc. (NASDAQ:AAPL) usually makes a big splash when introducing new products, and it continued that tradition by making the largest corporate debt issue in history .
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May 6 - News
The contrasts couldn't be more stark: At a time when demand for physical possession of gold and silver has rarely been higher, the companies charged with extracting the yellow...
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May 3 - News
The bearishness surrounding resource companies is creating an unappreciated benefit for investors: rising dividend yields.
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May 3 - News
Usually, economic concerns drive up the price of gold. However, the economic troubles in Cyprus have led that nation to sell the yellow metal.
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May 2 - News
Get out and stay out! You could almost hear the door being slammed on Vale SA (ADR) (NYSE:VALE) after it reached an agreement with Argentina's government over closing down its...
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May 1 - News
The best thing about the stock market is that you can make money in either direction. Historically, stock indexes have tended to trend up over the long term.
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May 1 - News
Underscoring the turmoil ripping through the world's biggest gold miner in the wake of a court order suspending its Chilean Pascua-Lama project, Barrick Gold Corporation (USA...
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April 28 - News
With the SPDR Gold Trust (NYSEMKT:GLD) on the cusp of seeing the worst month of cash outflows since it began trading, central banks have increased their purchases of gold bullion...
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April 26 - News
The world's largest gold miner is trying to sell three of its Australian mines that produced some 452,000 ounces of gold last year and had combined reserves of almost 2.6 million...
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April 24 - News
Barrick Gold Corporation (USA) (NYSE:ABX) tallied revenue of $3.44 billion.
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April 24 - News
With the massive drops from these precious metals came the massive drops of those who mine them. Silver Wheaton Corp. (USA) (NYSE:SLW), Freeport-McMoRan Copper & Gold Inc.
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April 22 - News
The world of gold is quite lively these days. Sudden mine closures and falling gold prices are causing havoc in the market.
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April 21 - News
With everyone talking about how the great gold boom is over, that with the price of gold tumbling to $1,400 an ounce the back of the yellow metal as a safe-haven investment ...
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April 21 - News
Last week, the gold price dropped below a psychologically important barrier at $1,500.
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April 19 - News
The price of gold, and the broader commodities market, plummeted on Monday morning.
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April 19 - News
A month ago, in an article published in this blog, I warned about gold being expensive. Despite this, I never thought that the fall would be so violent.
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April 18 - News
It's too early to tell if today's nice jump for the Dow Jones Industrial Average (INDEXDJX:.DJI) will prove to be another example of the bull market's resilience or just a small...
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April 17 - News
In the realm of personal financial planning, commodities often get a bad name as being too risky, too speculative, and not an appropriate part of most portfolios.
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April 16 - News
