U.S. markets fall during June 13-17 trading week
The Dow Jones Industrial Average retreated 1,504.01 points or 5.03% to 29,888.78 and the S&P 500 fell 226.02 points or 6.1% over the week to 3,674.84 as U.S. stocks felt…
Gold Fields
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold…
US markets fall, Nov. 8-12
The Dow Jones Industrial Average fell 227.64 points or 0.63% to finish the Nov. 8-12 trading week at 36,100.31 and the S&P 500 dropped 14.68 points or 0.31% to 4,682.85….
RANKED: World’s ten biggest gold mining companies
Gold made history in 2020 when the price hit a record high in August as pandemic concerns weighed on investor sentiment. Gold mining has been a hallmark of commerce across the ages,…
US markets rise, July 5-9
The Dow Jones Industrial Average rose 0.24% to finish the week at 34,870.16 and the S&P 500 climbed 0.40% to 4,369.55. Spot gold rose by US$20.60 per oz., or 1.15%,…
US markets down, June 7-11
The Dow Jones Industrial Average slipped 0.80% to finish the week at 34,479.60 and the S&P 500 dropped 0.41% to 4,247.44. Spot gold fell by US$14.20 per oz., or 0.75%, to…
Pandemic lops 8% off mining capex spend in 2020 — report
New research by S&P Global Market Intelligence has found that among more than 400 mining companies examined, actual capital expenditures fell 8% in 2020 regional lockdowns forced work stoppages and placed global…
Sibanye-Stillwater calls for mega-merger with AngloGold, Gold Fields
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold…
U.S. markets rise, March. 1-5
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10….
Gold Fields begins construction of Chilean project
South African miner Gold Fields (NYSE: GFI) has formally begun construction of the mining infrastructure for its Salares Norte project in northern Chile. The company expects to complete the US$860 million project in late 2022, with…
Industry leaders progress initiative to accelerate new generation of mining vehicles
The Innovation for Cleaner, Safer Vehicles (ICSV) initiative – a collaboration between the International Council on Mining and Metals (ICMM) and original equipment manufacturers (OEMs) – has made progress towards…
Natural resources entrepreneur Serafino Iacono shares ‘know how’ and ‘know who’ at the Global Mining Symposium
For Serafino Iacono, executive chairman of Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF), mining has been a passion that has driven his business career back to the early 1980s. In…