Copper $ 5.359 / lb -2.36%

Brent Crude Oil $ 61.12 / bbl -0.78%

Palladium $ 1542.7 / ozt 0.44%

Crude Oil $ 57.44 / bbl -0.78%

Natural Gas $ 4.113 / Btu -2.79%

Silver Futures $ 62.007 / ozt -3.09%

Aluminum Futures $ 2788 / ton 0.00%

Micro Gold Futures $ 4360 / ozt 0.37%

Micro Silver Futures $ 62.007 / ozt -3.08%

Platinum $ 1762.5 / ozt 2.89%

Gold Futures $ 4328.3 / ozt 0.45%

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Kitco denies Quebec tax fraud allegations over gold transactions

Mineweb | June 12, 2011 | 4:05 pm Precious Metals Canada Gold

High-profile precious metals trader Kitco Metals Inc. vows to vigorously fight accusations that it took part in an elaborate fraud involving more than 100 companies that allegedly bilked the Quebec government of $150-million in sales taxes on close to $2-billion in transactions.