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Peru's gold output will likely fall 20 percent this year - official

Peru's gold output will likely drop by 20 percent this year and keep falling through 2016 as aging mines churn out less of the precious metal and a government crackdown curbs informal production, a ministry official said on Friday.


Thirty-four Bosnian coal miners trapped underground after earthquake

Thirty-four Bosnian coal miners were trapped half a kilometer underground on Friday after an earthquake triggered a rock burst, leaving rescue teams struggling to clear debris to reach them.

Canadian miners scrap over gold discovery after mega deal

On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold miners, fresh off one of the biggest deals of their careers.

Home Depot says probing 'unusual activity' after data breach report

Home Depot Inc said on Tuesday it was working with law enforcement to investigate "some unusual activity" related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach.


Latest News

A family feud and employee revolt that tipped New England supermarket chain Market Basket into chaos ended late Wednesday with a deal to sell the company to its ousted CEO, Arthur T. Demoulas, according to a statement announcing the deal.
Commodities trader and miner Glencore (GLEN.L) and Chinese nickel producer Jinchuan Group are the frontrunners to buy BHP Billiton's (BHP.AX)(BLT.L) Australian Nickel West division, two sources close to the situation said.
Hony Capital, one of China's biggest private equity firms, has agreed to buy a 15 billion yuan ($246 million) stake in Shanghai Jin Jiang International Hotels Development Co, the hotel company said on Thursday.
Dollar General Corp, the No.1 U.S. deep discount retailer, said it remained committed to acquiring rival Family Dollar Stores Inc and reported a 7.5 percent rise in quarterly sales.
Berkshire Hathaway Inc (BRKa.N) chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's (BKW.N) take over of Canadian chain Tim Hortons Inc (THI.TO), the Wall Street Journal reported, citing people familiar with the matter.
Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.
Burger King (BKW.N) is in talks to combine with Canadian coffee and doughnut chain Tim Hortons Inc (THI.TO), a deal that would create a fast food powerhouse with a combined market capitalization of roughly $18 billion.
Americans resold their homes in July at the fastest pace in almost a year, a sign the housing market was gaining steam again after a year-long slump.
Citigroup Inc (C.N) is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anemic lending.
The world's biggest mining company, BHP Billiton BHP.AX BLT.L, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.
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