Gold stocks have big upside, gold price on way back to $2 000/oz – UBS

Some gold-mining stocks currently have upside potential of 40% and more, says UBS Sub-Saharan Africa market head Marco Spichiger, who expects the gold price to trend back towards $2 000/oz and $2 200/oz levels within six months. Spichiger, who is...

Barrick axes CEO

Unhappy with its profits and a limping stock price, Barrick Gold Corporation axed CE Randall Oliphant on Wednesday and replaced him with former chief financial officer Gregory Wilkins.

North American investors get the gold bug

A higher gold price, low inflation and fading memories of the nightmare Bre-X mining fraud have sent North American gold stocks surging in the past few months, whetting investor appetites again for mining and exploration companies.