Russia's central bank gold hoard is now bigger than China's
Russia has overtaken China as the fifth-biggest sovereign holder of gold, allowing it to diversify its foreign currency holdings amid a...
Suncor Energy hikes stake in Syncrude in $730 million deal
Suncor Energy (TSX:SU), Canada's second-largest oil and gas producer, is buying Mocal Energy's 5% stake in the Syncrude joint venture for...
Gold price: Value of ETF bullion tops $100 billion for first time in 5 years
On Thursday gold lifted from the 2018 low the metal struck yesterday, exchanging hands for $1,320.40 near the close of trading. Despite...
Mining companies are suddenly positive on South Africa again
Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa. A former mine union leader...
Monday massacre: Gold price rises as stocks crater
Amid carnage on stock markets Monday, the most active gold futures contract on the Comex market touched a high of $1,345 an ounce, up...
US officials consider robots to prevent mine spills
It looks like a hybrid between a golf cart and Wall.E. Its main function is to move through collapsing, rubble-strewn tunnels at mine...
A modern land run? Trump move opens Utah to mining claims under 1872 law
U.S. President Donald Trump’s decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the...
Africa's newest gold miner starts output and sees potential IPO
(Bloomberg) — Toro Gold Ltd. became Africa’s newest gold producer last week when it delivered its first batch of bullion, and the...
As global economy hums, Davos turns bullish on commodities
The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus...
Gold gains $21 in 3 days on T-bond selloff
Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York. Spot gold...