ITALY

Thousands of gold, silver Vatican’s medals misspell ‘Jesus’

Cecilia Jamasmie | October 11, 2013
Thousands of gold, silver Vatican’s medals misspell ‘Jesus’

Four of them were sold before the typo was noticed. They are likely to fetch rocket figures if ever sold.

Italy should use gold-backed bonds as an alternative to austerity: WGC

Cecilia Jamasmie | May 2, 2013
Italy should use gold-backed bonds as an alternative to austerity: WGC

The strategy would be a more remedial answer for countries facing financial challenges than outright gold reserve sales, says the organization.

Medicinal iron tablets uncovered in ancient Roman shipwreck

Marc Howe | January 10, 2013
ancient_Roman_ship

Archaeologists have discovered the presence of iron oxides in medicinal treatments retrieved from an ancient Roman shipwreck located off the coast of Tuscany

Give us your gold wedding bands for these patriotic steel rings

Michael Allan McCrae | December 9, 2012
italian gold confiscation benito mussolini

Gold confiscation is more widespread than remembered

WTO to decide on China-EU solar power dispute

Cecilia Jamasmie | November 6, 2012
solar_power_station333

The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU with violating rules governing subsidies to its solar-components industry.

Mafia turns gold into Italy's fastest growing export

MINING.com Editor | September 22, 2012
mafia_rich_couple_finance

Custom seizures of gold are up 50% with one of the latest cases a father and daughter arrested trying to squirrel out 50kg of the metal in unmarked ingots.

Veteran miner slashes wrists to keep Italy's last coal pit open

Marc Howe | August 29, 2012
stefanno_meletti

49-year old Sardinian miner Stefano Meletti slashed his wrists in front of television cameras on Wednesday to protest the planned closure of Italy's last coal pit.

Eighth Annual WDC Meeting to Take Place in Italy

IDEX Online | November 16, 2011

The World Diamond Council (WDC) today announced that its eighth Annual Meeting will take place in Vicenza, Italy from May 13-14, 2012. The event is being hosted by Fiera di Vicenza, one of Italy's leading trade fair operators.

Safe haven no more? Euro end game cannot lift gold above $1,800

Frik Els | November 9, 2011
Molycorp stock jumped up as mine plant revamp nears completion

Gold for December delivery only briefly broke the psychologically important $1,800/oz level on Wednesday and in after hours trade pulled back sharply to trade at $1,770.50.

Gold failed to take advantage of its traditional role as a hedge against inflation and a safe haven in troubled economic times, despite European Union finance ministers failing to make progress on ways to shore up the zone's sagging banks and Italy's deepening credit crisis. Bullion's failure to build on a three-day rally also comes after data out this week showed a quickening in demand from China's consumers who bought a record 56.9 tonnes in September, a sixfold increase year-on-year.

Italian steel output in first 8 months up by 11pct YoY – Mr Pasini

Steel Guru | October 11, 2011

During the conference held recently by SteelOrbis in Rezzato, Mr Giuseppe Pasini chairman of Italian steelmakers association Federacciai illustrated the structural problems that characterize the Italian steel industry, starting from the condition of…

Copper falls on Italy debt worries; supply in focus

Yahoo! UK and Ireland | July 11, 2011
copper- piping

Copper fell on Monday as concerns over Italy's sovereign debt curtailed appetite for risky assets, but a series of strikes in producer countries highlighted supply constraints and lent support to prices.

Three-month copper on the London Metal Exchange traded at $9, 581 a tonne in official rings , down from the $9,661 close on Friday.

LME expands steel delivery to Italy as volumes rise 46%

MINING.com Editor | June 19, 2011

The London Metal Exchange has approved Ravenna as the latest point of good delivery for non domestic LME Steel Billet, with effect from September 16th 2011. The addition of the Italian port will enhance the contract’s warehousing network in Europe, encouraging the steel industry to further utilise the contract. LME Steel Billet is now listed in 12 locations in seven countries.

Results of Italian referendum: voters say no to more nuclear power plants

Marketwire | June 14, 2011
Italy, vector map

Energia Minerals Limited (ASX: EMX) notes that a referendum was held in Italy on the 12th and 13th of June 2011 to decide whether to remove laws passed last year to restart a domestic nuclear energy program in the country.

The result of the referendum was that Italian citizens have voted to remove the laws and, accordingly, remove the framework to potentially develop nuclear energy production facilities in Italian territory.

Thinking about China as big changes seen coming in gold, silver markets

As relief courses through the Eurozone government bond markets at the success of Portugal’s, Spain’s and Italy’s government bond auction, the sharp edge of the crisis appears to go away, for now at least.

Eu-flat Products Steel Prices Continue To Climb In June

The relentless upward movement in EU prices continues. Customers are obliged to accept the new higher third quarter values demanded by local producers. Prices of imported strip into Europe are still increasing this month, although less material is entering the …

Global Steel Price Hikes Likely To Extend Into Third Quarter

US transaction prices continue to shoot up as the substantial hikes, planned by the mills for June deliveries, are implemented. Further sharp increases have been announced by a number of producers for third quarter business. This is despite a generally …

Global Steel Price Hikes Likely To Extend Into Third Quarter

US transaction prices continue to shoot up as the substantial hikes, planned by the mills for June deliveries, are implemented. Further sharp increases have been announced by a number of producers for third quarter business. This is despite a generally …

New by name but by tradition an old acquaintance

Formerly it was called Rammer, and everyone in the industry knows the company, at least by name. Also by products it is a household name all over the world and truly one of the leaders in the breaking and demolition …

TEFSA and Della Toffola broaden mining presence

TEFSA-Group, a Spanish-based designer and manufacturer of liquid/solid separation equipment is expanding its minerals industry presence in North America. TEFSA-USA was a first time exhibitor at the 2007 SME Annual Conference in Denver and has appointed Nortec S.G.S. as its …

Terex Announces Plans to Establish AWP Manufacturing Facility in China

WESTPORT, CT, April 15, 2008 – Terex Corporation (NYSE: TEX) today announced that as part of a plan to expand globally, Genie Industries, a leading manufacturer of aerial work platforms and part of the Terex Corporation Aerial Work Platforms (AWP) …