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Miners want gold to hit $3,000 in 5 yearsSharp increases in mining costs mean gold will need to reach $3,000 an ounce in five years for the industry to stay profitable, World Gold Council chief executive Aram Shishmanian said on Monday. Miners currently needed a gold price of $1, More… |
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All 29 trapped NZ miners dead say policeAll 29 miners trapped underground in a New Zealand mine for five days are believed to be dead following a second explosion in the Pike River Coal mine, police said on Wednesday. 'It is our belief that no one has surv More… |
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Rescuers save 1,950 trapped gold minersAround 1,250 miners remained trapped more than a mile underground in a South African gold mine on Thursday after an all-night rescue mission. Up to 200 women were among those stuck in a cramped space in the Elandsrand mine where temperatur More… |
