Grueling tales behind South African miners' class action

May 13, 2016

Grueling tales behind South African miners' class action

Dangerous working conditions, scant safety standards, inhumane living quarters and violent racism — South African gold miners endured decades of hardship underground. Their stories were laid bare on Friday when a court ruled that up to 500,000 miners and their families could pursue a ...

Oil, gold gains help Dow end February on high note

Mar 1, 2016

Oil, gold gains help Dow end February on high note

U.S. stocks were edging higher in midday trading on corporate earnings news and rising oil prices. Utilities made the biggest gains. Mining companies rose with the price of gold. KEEPING SCORE: The Dow Jones industrial average gained 46 points, or 0.3 percent, to 16,686 ...

Feb 5, 2016

Three missing, 87 rescued after South Africa mine collapse

Almost 90 miners were rescued and three were still missing after a cave-in at a gold mine in northeastern South Africa on Friday, the firm that owns the mine said. The collapse at the mine’s main entrance trapped 87 workers underground, all of whom ...

Jul 20, 2015

China says gold stash rose almost 60% in six years

China’s official gold reserves rose by almost 60 percent over the past six years, according to the first official data on the subject since 2009. The central People’s Bank of China (PBoC) said bullion holdings rose to 1,658 tons as of the end of ...

Mar 24, 2015

Human feces contain gold worth millions: study

Human feces contains gold and other precious metals that could be worth hundreds of millions of dollars, experts say. Now the trick is how to retrieve them — a potential windfall that could also help save the planet. “The gold we found was at ...