Austria Mining News

12 schools in Salzburg evacuated after radioactive rock discovered

Educators in the Austrian city of Salzburg hit the panic button after the unintended discovery of a radioactive rock in a science classroom.

Mining in Europe began more than 4,000 years ago, study reveals

Mining in the Alps dates back much further than previously thought — in the Austrian region of Montafon since the Bronze Age.

Austria plan to repatriate gold not linked to Brexit talk: Nowotny

Decision said to reflect trend among central banks.

An Austrian take on inflation

We know that today’s macroeconomists are very confused about inflation, if only because despite all experience they think they can print money and increase bank credit with a view to generating price inflation at a controlled 2% rate.

The Dutch do what the Germans couldn't: Get their gold back

De Nederlandsche Bank secretly brought 120 tonnes of the European nation's gold reserves held by the Fed in New York back to Amsterdam.

Austria sending auditors to check gold held by Bank of England

Austria, unnerved by Germany's experience with the US Fed and mindful of Brown's Bottom, is sending auditors to London to verify existence of its bullion reserves.