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Stories tagged: gold


UPDATED: Mon., Sept. 24, 2018, 4:36 p.m.

Barrick buys Randgold to create world’s largest gold miner

Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world’s largest gold miner, worth a combined $18 billion.


UPDATED: Fri., June 29, 2018, 1:37 p.m.

Central Idaho project to repair gold dredge damage begins

Crews have begun working on a project that will improve fish habitat in an area impacted by gold dredging on the Yankee Fork tributary of the Salmon River in central …


Company raises money to explore for gold near Yellowstone

A Canadian mining company says it’s raised more than $2 million from an outside investor to help fund its pursuit of a gold mine north of Yellowstone National Park.


UPDATED: Mon., Oct. 16, 2017, 7:01 p.m.

Scientists witness huge cosmic crash, find origins of gold

It was a faint signal, but it told of one of the most violent acts in the universe, and it would soon reveal secrets of the cosmos, including how gold …


Interior secretary pushes mining ban outside Yellowstone

Interior Secretary Ryan Zinke says he wants to speed up a proposal to block new gold mining claims on public lands near Yellowstone National Park and will consider blocking other …


Gold makes run toward $1,300 as risk flares from U.K. to Mideast

Gold is taking aim at $1,300 an ounce. The metal has rallied to the highest since November as investors position themselves for the outcome of the U.K. election and potential …


Who stashed gold inside a British piano? It’s a mystery

British officials say they’ve been unable to trace the rightful heirs to a trove of gold coins found stashed inside a piano and worth a “life-changing” amount of money.


UPDATED: Mon., March 27, 2017, 8:07 a.m.

Massive gold coin worth millions stolen from German museum

Thieves broke into the German capital’s Bode Museum before dawn Monday and made off with a massive 100-kilogram (221-pound) gold coin worth millions of dollars, police said.


Two Bend teens arrested for allegedly selling fake gold bars

Police have arrested two teenagers in Central Oregon for allegedly selling fake gold bars to unsuspecting adults in the past year.


Gold suffers worst run since October as slide below $1,200 looms

Gold is sliding toward $1,200 an ounce in its longest losing run since October as positive U.S. economic figures reinforce expectations that yields on other investments will rise this year.


Gold nears three-month high as buyers flock back to top ETF

Gold climbed to the highest in almost three months as investors purchased metal through the biggest exchange-traded fund for a fifth day, the longest buying spree since June.


100 years ago today in Spokane: Gold coins, the currency of the West, losing to paper money juggernaut

A Spokesman-Review editorial noted that one of the West’s last distinctive mannerisms — the preference for gold coins over paper money — was about to bite the dust. For a …


Gold isn’t behaving in practice the way it should in theory

What works for gold in practice rarely works in theory. The last three U.S. interest-rate increases that should, all other things being equal, be bad for the metal have seen …


Gold bulls emboldened as Fed grapples with Trump uncertainty

The Federal Reserve has emboldened gold bulls. Prices and trading volumes surged Thursday on call options giving holders the right to buy bullion at higher prices. On Wednesday, investors poured …


Movie review: McConaughey glitters in ‘Gold’

It’s been said that Matthew McConaughey is a character actor trapped in a leading man’s body. His latest film, “Gold,” directed by Stephen Gaghan, is his most extreme character work …


Hecla Mining silver, gold production up sharply over 2015

Silver and gold production surpassed expectations for 2016, Coeur d’Alene-based Hecla Mining Co. said Tuesday.


Trump’s Twitter age brings chaos risk reviving gold as haven

The Donald J. Trump era is marking a new age for gold as an investor safe haven. While the precious metal has always been hoarded in times of trouble, a …


Gold coins found in Salvation Army kettles around region

A Salvation Army worker has found a gold coin amid contributions collected in Montana.


Gold can’t catch a break as prices extend slide to 10-month low

A day after the Federal Reserve signaled rates will rise next year faster than expected, the Labor Department released data showing fewer Americans filed for applications for unemployment benefits, validating …


Dollar rises to 13-year high as U.S. stocks rebound, gold sinks

The dollar climbed to the highest level since 2003 against the euro and gold plunged as the prospect of a steeper path for U.S. interest rates filtered through markets. U.S. …


Gold ‘getting hit from all directions’ as investors flee funds

Everything’s against gold at the moment. Gold futures closed at the lowest level since February as the Federal Reserve gears up to raise rates, while U.S. equities at record levels …


Thief stole 86-pound bucket of gold flakes worth $1.6 million, police say

Police in New York City are looking for a quick-thinking thief who stole an 86-pound bucket of gold flakes worth nearly $1.6 million off an armored truck in Manhattan.


U.S. moves to block mining near Yellowstone National Park

U.S. officials plan to block new mining claims outside Yellowstone National Park as the Obama administration races in its last days to keep industry out of pristine and environmentally sensitive …


Silver ETF investors exit as bear market looms on rate concerns; others drop gold

With traders pricing in near certainty that U.S. borrowing costs will rise next month, silver investors are heading for the exit.


California court upholds ban on dredges to extract gold

California’s ban on the use of suction dredges to extract gold from rivers is legal and not overridden by a 19th century federal law that allows mining on federal land, …


Montana receives new proposal for gold mining near Yellowstone

A company has resubmitted its application to look for gold in Montana near the Yellowstone National Park border after state officials raised some concerns with the project.


Beware of scary Brexit headlines pushing you to buy gold

NEW YORK – If you thought the Brexit vote was scary, check out the full page newspaper ad that recently appeared in the New York Times recounting all the horrors …


Idaho coin shop owner sentenced

People who feel they were swindled by a North Idaho coin shop that took their payments for gold and silver but failed to deliver the goods finally got their day …


The Rock Doc: Keeping warm on a cold night with gold fever

I own a couple of small gold nuggets. They came from the Round Mountain gold mine in Nevada, which I visited a few years ago. A tour of the open-pit …


Jim Kershner’s this day in history

From our archives, 100 years ago Spokane police caused a scene of panic when they raided a Chinese and Japanese gambling house in Spokane’s Chinatown on Trent Avenue.