The World Gold Council predicts that India will import 850 to 950 tonnes of gold this year.
For gold and silver it has been a week of two halves: first prices rallied to a peak on Tuesday, then declined to show net losses for the week on Wednesday for silver and Thursday for gold.
The move is seen by analysts as an attempt to strengthen the firm’s image.
Total worldwide budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.
Most people have the sense that the dollar isn’t worth what it used to be, but they may not grasp what this means in real terms.
Petroleum, met coal, iron ore production set new quarterly records. Fall in copper volumes not enough to dent 9% overall output growth.
Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
The giant copper miner is also planning to sell about $8 billion of bonds over the next five years to help finance a nearly $30bn investment program aimed to revamp its aging mines.
The firm is developing a trio of staggeringly huge copper deposits on the Chilean-Argentine border that contain a total of over 28 billion pounds of copper and 19 million ounces of gold resources (only two of the deposits have resource estimates on them).
Could an infectious disease kill the monster that has been choking gold and silver prices for more than a year?
Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
The union representing many miners in B.C. is warning about worker safety in the industry.
With the iShares Silver Trust (NYSEARCA:SLV) at $16 and change and falling, the precious metal is a pretty unpopular investment right now. But it's actually one of the best buying opportunities in the last 10 years.
The world’s financial markets are changing dramatically with the Federal Reserve on the verge of ending its third quantitative-easing campaign.
After a prolonged period of low volatility as funds invested in ever-greater risk, markets have snapped and volatility has jumped.
In response to popular demand from our home province of British Columbia, today we visualize the amount of natural resources extracted from BC each year.
The country’s environmental authority criticized the Top Court decision saying the miner conducted proper consultation with local indigenous groups and shouldn’t have to do it again.
The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.
It looks like the late 90’s are back in vogue in the mining industry.
The drop was mainly due to reduced shipments from Codelco and Collahuasi, official figures show.
Fans of gold have been following Federal Reserve Board announcements for any sign of relief, but H.C. Wainwright & Co. Analyst Jeff Wright says change may be a long time coming.
The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
Nobody likes taxes. However, when the super rich are stuck in forfeiting millions of dollars to taxes each year, they probably despise them even more than the average person.
What if the goldbugs are wrong and fiat currency isn't going to throw the world into hyperinflation?
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