Africa
Harmony halts operations at Unisel mine after fatal incident
South Africa’s Harmony Gold (JSE:HAR) (NYSE:HMY) announced Tuesday that an employee was fatally injured in an engineering related accident while performing maintenance work at Unisel mine near Welkom on Saturday, April 4. The company said production at the...
Latin America
Batista trial descending into farce
Brazilian tycoon Eike Batista's fortune topped out at an eye-watering $32.8bn in April 2012 when his oil and gas firm OGX's first wells went into production and his coal, iron ore, shipping and many other ventures were humming along....
Latin America
Robbers grab gold worth $8m from Mexico mine
McEwen Mining (NYSE:MUX)(TSX:MUX) on Tuesday reported an armed robbery at its El Gallo 1 mine in Sinaloa, Mexico. According to a statement an estimated 900 kilograms of gold-bearing concentrate containing approximately 7,000 ounces of gold were stolen from...
Asia Pacific
Nautilus Minerals resumes undersea mining exploration
Canadian seafloor miner Nautilus Minerals (TSX:NUS) said Tuesday it has struck a deal with provider Gardline CGG, which will allow the company resume exploration around Solomon Islands, east of Papua New Guinea (PNG), where it is developing a gold,...
News
Goldcorp sells stake in Nevada project for $20 million
Goldcorp will receive $20 million in cash from Premier Gold Mines in exchange for its 40% stake in the Nevada-based South Arturo Mine Project, an advanced exploration project. Goldcorp will put some of the money towards a private...
News
32 miners trapped in Manitoba nickel mine
32 miners are still trapped underground after a piece of equipment caught fire Sunday afternoon at Vale's nickel mine in Manitoba, Canada according to press reports. 39 workers sought shelter in safe rooms under ground as a result...
News
Four exploration and development companies Rick Mills believes will thrive in tough times
The four-year-long bear market in metals stocks has resulted in an historic opportunity for investors, says Rick Mills, the owner and host of Ahead of the Herd.com. In this interview with The Gold Report, he explains that gold and...
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