Rajesh Exports acquires world's largest gold refining firm Valcambi for Rs 2,560 cr

Last Updated: Monday, July 27, 2015, 17:43

Rajesh Exports, the world's largest gold jewellery maker, Monday announced the acquisition of Switzerland-based gold refinery Valcambi for USD 400 million to gain access to raw materials at lower prices.

Green shoots emerge in withered gold mining sector

Last Updated: Tuesday, June 23, 2015, 12:00

In the first quarter, Paris-based asset manager Carmignac Gestion bought 11.65 million shares of Goldcorp, the highest valued gold mining company, making it the Vancouver-based miner`s eighth biggest shareholder.

Vedanta looking to expand into gold mining, eyeing Kolar mines

Last Updated: Tuesday, October 1, 2013, 13:07

In June, the Supreme Court had approved government's plan of floating a global tender for selling the assets of BGML, so that the Kolar gold mines can be restarted.

124 Chinese arrested in Ghana for illegal gold mining, raping women

Last Updated: Thursday, June 6, 2013, 20:17

Police in Ghana have arrested 124 Chinese nationals on charges of illegal gold mining, some of whom were also accused of raping the locals.

8,500 striking gold miners sacked in South Africa

Last Updated: Wednesday, October 24, 2012, 09:50

Those gold miners were dismissed due to their ignoring an ultimatum to resume work, the South African Press Association quoted the Gold Fields company as saying.

101 Chinese miners held in Ghana released on bail

Last Updated: Friday, October 19, 2012, 18:22

A group of 101 Chinese miners detained in Ghana last week on charges of illegal gold mining have been released on bail, officials said.

Peru to lift state of emergency in three provinces

Last Updated: Sunday, September 2, 2012, 10:48

In the three provinces, violent protests against a gold mine project in July resulted in five deaths and dozens of injuries.

Rio Tinto says iron ore growing, sees shorter pricing methods

Last Updated: Monday, October 24, 2011, 09:09

Global miner Rio Tinto (RIO.AX) (RIO.L) said on Monday iron ore demand remained robust despite market weakness, and said a fall in prices was accelerating a move to shorter-pricing methods.