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Gold miners predict $1 800/oz comeback

Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering. Bullion prices will reach $1 806.10 an ounce by year end, according to the average estimate in a survey of 10 participants...

AngloGold buys more gold tenements in Nevada

AngloGold Ashanti has entered into a definitive agreement with Coeur Mining to acquire its Coeur Sterling subsidiary, which owns properties adjacent to AngloGold’s projects in the Beatty district of Nevada, in the US, for $150-million. The properties include Coeur’s...

Will BHP increase its bid for OZ Minerals?

OZ Minerals’ Prominent Hill mine in South Australia. Media reports have indicated OZ Minerals is looking for $10 billion in any potential takeover. According to “people familiar with the matter”, OZ Minerals believes an offer of $30 per share would better...

Epiroc grabs stake in Perth wireless network company

Epiroc has agreed to acquire a majority stake (53 per cent) in Radlink, an Australian company that provides mines with wireless connectivity solutions. Radlink, headquartered in Perth, designs, delivers, and integrates wireless data and voice communication...