Latest Precious metals industry News

Asian shares recover as China outlines 2019 policy plans

Jan. 14, 2019 10:57 PM EST

SINGAPORE (AP) — Asian markets bounced back from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes and keep monetary policy flexible to help weather China's slowdown. KEEPING SCORE: Japan's Nikkei 225 index, reopening after a market holiday, added 0.9 percent to...

Newmont's $10B offer would create world's biggest gold miner

Jan. 14, 2019 7:30 AM EST

DENVER (AP) — Newmont Mining will buy Canada's Goldcorp for $10 billion, creating the world's biggest gold miner. The combined company could log gold production of 6 million to 7 million ounces over a decade and recognize $100 million in annual pre-tax savings. Miners are consolidating as gold becomes more...

Local filmmakers aim to turn region into movie-making magnet

Jan. 13, 2019 12:00 PM EST

JOHNSON CITY, Tenn. (AP) — When it comes to movies, local filmmakers say our region could be a gold mine. That was what Erik Kitchens had in mind when he launched his production company "30 Daze Productions" about a year ago. Along with the creativity from other professionals in the area like photographer...

Greek court acquits 21 over raid on gold mining facilities

Nov. 30, 2018 7:15 AM EST

THESSALONIKI, Greece (AP) — A Greek court on Friday acquitted 21 people accused of raiding prospective gold mining facilities that some see as a welcome foreign investment but many local residents strongly oppose on environmental grounds. About 40 masked people attacked the facilities at Skouries in the...