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Miners produce gold, but they might not produce it at the same time that consumers want to buy the metal. So the banks play a sort of clearing role when producers want to sell, they can sell to
South African gold producers signed Thursday a class action settlement with law firms representing thousands of miners who contracted the fatal lung diseases silicosis and tuberculosis while
Goldcorp Inc. is leading an industry push to clamp down on suppliers, pressuring them to slash prices so the mining company can keep costs down amid the sector's slump. Miners are under siege
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Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the worlds
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Chinese gold miners are aggressively scouting for overseas acquisitions, encouraged by historically low gold prices that could help them scoop up assets cheaply.
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In 2014, preliminary estimated gold production by the top publicly traded and non state owned gold mining companies amounted to 30 Moz, in line with the 2013 totals.
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Although miners have faced unflattering economic conditions which have lead to their share prices hovering around 52 week lows, I believe within the next couple weeks both Barrick Gold and Newmont
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Xinhai provides optimized solutions for your mine, one-stop service for mineral processing plant, include sample test, mine design, equipment manufacture, etc.
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