October was China's second highest month for gold imports, according to Hong Kong customs data. With the price of gold cratering this fall, China imported 148 tons in the month, second only to the record month of March 2013 when …
"A gas is never going to be much good as a currency."
Gold now suffers from a ‘smokescreen’ designed by the United States, which stores 74 percent of global official gold reserves, to put down other currencies and maintain U.S. dollar hegemony.
This is a very bullish omen for battered gold prices.
Without financing the company said it is uncertain that it will "remain an ongoing concern."
Some of the biggest, most profitable trades only come around once every thirty years or so and we think this may be one of them.
Wringing out the sin that exists in the sector
Rosia Montana Gold Corporation (RMGC), is said to have paid more than $300,000 to a firm prosecutors say is a phantom company used by organized crime networks.
The country's environmental protection and forestry has filed a lawsuit against the Canadian gold miner.
Gold hit a five-month low in the wake of the jobs report, but recovered quickly climbing 4.8% to 1,230.
"Çöpler's performance reinforces our strategy to focus on this world-class asset and the surrounding area."
Juniors usually raise cash to keep their operations going by issuing new shares.
Incoming chief at world's number one producer John Thornton will not rule out dusting off the hedge book.
Deutsche, Europe's number two bank, has joined the US exodus and is getting out commodities trading, although it is keeping precious metals in its portfolio.
One of the most interesting ideas that came out of the last Federal Reserve meeting at the end of October is a serious issue for everyone, including the Federal Reserve and the eventual impact of monetary policy.
Mining stocks may have moved from a bear market to a place where they are becoming contrarian plays, says Mike Niehuser, founder of Beacon Rock Research, opening opportunities for value investing.
If you are reading this on a tabloid or a smartphone, then you are likely holding bits of so-called “conflict minerals,” mostly used in the manufacturing of mobile phones, tablets and laptops.
It has been a difficult year for silver investors with the metal falling by 36% year-to-date.
The man was reportedly crushed by polypipe.
If an Indian purchases 10 grams of gold smuggled from China rather than through official import channels, he or she will save roughly $90.
Miners vs illegal miners.
Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East.
The joint venture with Freeport McMoran requires Freeport to fully fund the project through feasibility in exchange for a 75% interest.
Thornton brings finance background and strong China connections, while James Gowans, former chief of the diamond giant's Canada unit brings mining experience.
A $40 swing in the gold price, wiping out an early morning jobs number sell-off shows short positions at four-month highs could be facing a big squeeze.
The owner of the massive Oyu Tolgoi copper-gold mine in Mongolia is doubling its shares outstanding with a $2.4 billion rights offer.
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