Latest Gold mining and refining News

Company making Costco pajamas flagged for forced labor

Oct. 8, 2019 6:30 AM EDT

The Trump Administration is blocking shipments from a Chinese company making baby pajamas sold at Costco warehouses, after the foreign manufacturer was accused of forcing ethnic minorities locked in an internment camp to sew clothes against their will. The government is also blocking rubber gloves sold by...

Difficult but rewarding work: Planting trees to aid climate

Oct. 2, 2019 10:23 AM EDT

MADRE DE DIOS, Peru (AP) — Destruction of the forests can be swift. Regrowth is much, much slower. But around the world, people are putting shovels to ground to help it happen. In a corner of the Peruvian Amazon, where illegal gold mining has scarred forests and poisoned ground, scientists work to change...

Canadian company resumes gold drilling in South Dakota

Sep. 26, 2019 5:30 PM EDT

RAPID CITY, S.D. (AP) — A Canadian company said it has secured the money and land holdings it needs to resume drilling for gold in what it calls a "vastly under-explored" area in South Dakota. Mineral Mountain Resources suspended exploratory drilling in the Black Hills last year. The Vancouver-based...

Asian shares weaker after spike in crude oil rattles market

Sep. 17, 2019 12:48 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Tuesday after an attack on Saudi Arabia's biggest oil processing plant caused crude prices to soar, prompting selling of airlines and other fuel-dependent industries. The U.S. and international benchmarks for crude fell back slightly after vaulting more...

Alaska lawmakers, Native group join dispute over Pebble mine

Sep. 11, 2019 9:15 AM EDT

ANCHORAGE, Alaska (AP) — Alaska lawmakers and a Native corporation have joined the dispute over a Canadian company's potential investment in a large copper and gold mining project. Republican Gov. Mike Dunleavy wrote a July letter supporting investment in the Pebble Mine by Wheaton Precious Metals Corp. of...

Montana mines buoy firm beset by deaths, strike in S. Africa

Sep. 3, 2019 5:24 PM EDT

BILLINGS, Mont. (AP) — After a prolonged strike and a string of workplace fatalities in South Africa, executives at Sibanye-Stillwater are leaning heavily on its Montana platinum mines to turn things around at one of the world's largest precious metals mining companies. The firm posted a $19 million loss...