News

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....

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...

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,...

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...

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...

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...

Barrick Gold wants to reduce debt of roughly $10 billion by almost a third this year and talks to sell two gold mines – Cowal in Australia and Porgera in Papua New Guinea – are at and advanced stage....