Europe

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

Frik Els | November 21, 2014
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.

Gold price crushed to deter support for Swiss initiative: report

Cecilia Jamasmie | November 20, 2014
Gold price crushed to deter support for Swiss initiative: report

British fund manager Ben Davies says that gold prices’ most recent collapse is part of central bank efforts to discourage Swiss voters from supporting the gold initiative to be decided at referendum on November 30.

The ECB's gold buying idea is a non-starter

Frik Els | November 19, 2014
The ECB's gold buying idea is a non-starter

3 reasons why the Fed, Bank of England and Japan never took it seriously.

A Russian miner, a good camera, the arctic tundra: here’s the result

Cecilia Jamasmie | November 19, 2014
A Russian miner, a good camera, the arctic tundra: here’s the result

Ivan Kislov is a young Russian mining engineer who spends his breaks taking breath-taking photographs of wild animals, mostly foxes, in the arctic tundra.

Uralkali stock plummets on evacuation of potash mine

Cecilia Jamasmie | November 18, 2014
Uralkali stock plummets on evacuation of potash mine brine inflows

The world’s largest potash supplier had to evacuate workers from its Solikamsk-2 mine in Russia’s Perm region due to an increase in brine inflow.

Stans mining licence rightfully acquired — Kyrgyz Supreme Court

Cecilia Jamasmie | November 18, 2014
Withdrawal of Stans licence is illegal — Kyrgyz Supreme Court

Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.

Blood diamonds still at Central African mining sector’s heart

Cecilia Jamasmie | November 18, 2014
Blood diamonds still at Central Africa mining sector’s heart

A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.

Swiss yes vote won't really boost gold price

Frik Els | November 17, 2014
Swiss yes vote won't really boost gold price

Switzerland has to buy up to 1,800 tonnes of gold in a yes vote, but Deutsche Bank says window dressing using derivatives would limit impact on gold price.

German scientist makes diamonds from peanut butter

Cecilia Jamasmie | November 17, 2014
German scientist makes diamonds from peanut butter

It’s probably one of the first cases ever reported where the tasty spread has been used to produce synthetic gems.

Brand new hydraulic mining shovel from Cat

Caterpillar | November 17, 2014
hydraulic shovel caterpillar buama

A 22-tonne payload and 220-tonne operating weight

Billion tonnes? Some DSO? A copper discovery in progress

Mineweb | November 16, 2014

Cukaru Peki was one of the most interesting finds in recent years.

Russia's gold and the end of the American empire

kingworldnews | November 16, 2014

On the heels of a massive rally in the gold and silver markets, the top trends forecaster spoke with King World News about Russia’s stunning moves in the gold market, and why this spells the end of America’s dominance of the world.

Glencore shutting Australian coal mines over Christmas

Cecilia Jamasmie | November 14, 2014
Glencore shutting Australian coal mines over Christmas

The move will cut the miner's output by 5 million tonnes — 2.5% of Australia's forecast 2014 thermal coal exports — and force about 8,000 workers to take a leave.

Kyrgyz Republic seizes Stans Energy rare earth project

Frik Els | November 13, 2014
Kyrgyz Republic seizes Stans Energy rare earth project

Kyrgyz government moves to revoke Stans Energy's licence for rare earth mine and plant that was the main global source of heavy REEs during the Soviet era.

Five banks fined over $3bn in foreign exchange probe

Cecilia Jamasmie | November 12, 2014
Five banks fined over $3bn in foreign exchange probe

These are the first cases to come out of a global probe into allegations of widespread rate-rigging in foreign exchange markets.

Mining millionaire's ex-wife about to become ‘homeless'

MINING.com Editor | November 10, 2014
Mining millionaire's ex-wife about to become ‘homeless'

Mann, who specializes in brokering mining deals, says he has run out of money.

Swiss UBS faces fine over alleged precious metals trading wrongdoing

Cecilia Jamasmie | November 9, 2014
Swiss UBS faces fine over alleged precious metals trading wrongdoing

The bank, which is the world’s largest private lender, is also expected to announce an agreement regarding alleged collusion and manipulation in the foreign exchange market.

BHP closer to unveiling details of upcoming spin-off

Cecilia Jamasmie | November 9, 2014
BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

Gold price rallies as safe haven buying returns

Frik Els | November 7, 2014
Gold price rallies as safe haven buying returns

Gold price up more than 3% in massive volume on slightly weaker than expected US jobs data and Putin's Nazi comments.

ICE wins race to run the London gold fix

Cecilia Jamasmie | November 7, 2014
ICE wins race to run the London gold fix

Bids and offers will be published in real time and the price updated every 30 seconds.

Swiss yes vote could lift gold price 18%

Frik Els | November 6, 2014
Swiss yes vote could lift gold price 18%

"If they do launch a buying program, the Swiss central bank would have effectively a constant bid in the market."

Deep-sea miner Nautilus to charter ship as floating base

Cecilia Jamasmie | November 6, 2014
Deep-sea miner Nautilus to charter ship as floating base

The ship will accommodate as many as 180 people and is expected to be delivered by the end of 2017.

Randgold output up 28%, hunts for new mines

Cecilia Jamasmie | November 6, 2014
Randgold output up 28%, hunts for new mines

The company is confident in the precious metal it mines.

The Swiss gold initiative and why it may affect gold prices

Bob Kirtley - Gold-Prices.biz | November 5, 2014
Switzerland’s central bank calls to thwart gold vote

The people of Switzerland go to the polls on 30th November to vote on the gold initiative.

BHP Billiton to export US oil without permit

Cecilia Jamasmie | November 5, 2014
BHP Billiton to export US oil without permit

The move is considered another sign that Washington’s decades-old federal ban on crude exports is crumbling.

City scion’s tarnished Siberian gold mission

Financial Times | November 5, 2014
Russian gold output to decline after record year

London-listed gold miner Petropavlovsk is fighting for survival after it embarked on an expansion programme that dramatically increased its debts just as gold’s bull run was ending.

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