The world’s 50 biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion. At the end of 2024, the MINING.COM TOP 50* ranking of the world’s most valuable miners ...
Despite demand, gold is extremely scarce. By some estimates, all of the gold ever mined in the history of the world would fill only two Olympic-size swimming pools. Given the U.S. Geological Society estimates that just 51,000 tons of global gold reserves remain in the ground, gold mining...
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed does not fully share my interest in the subject. An explanation of the big picture...
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Canadian Gold Industry: An Analysis Therefore, now might be the right time to start looking at gold stocks. Canada has one of the largest natural resource reserves in the world, and its primary stock exchange, the Toronto Stock Exchange or TSX, has the bulk of the global mining companies.As...
Third place goes to BHP’s Olympic Dam mine, also in Australia. Based on ore milled to the end of Q3, total estimated for the year is 8.92mt of copper, gold, silver and uranium ore. Last year, the world’s biggest minershelved a planned $2.5 billion expansionafter studies of ...
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One gold fields miner has cause to celebrate despite the gloomy economic times in the mining industry. Norton gold fields, which mines on the Paddington gold Mill on the outskirts of Kalorlie-Boulder, has just marked 30 years of operation, toasting the occasion during the annual Diggers and ...
Weak demand for construction, especially in China, is bad news for the producers of iron ore, which is used to make steel. Cliffs Natural Resources, as a large U.S. iron-ore miner with a lot of China exposure, took the brunt of that hit, as investors fear a further slowdown in the...