Gold down on US manufacturing data, interest speculation
While the metal lost nearly 6% in May, its biggest decline in six months, it is up about 15% so far this year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
‘Aurora Green’ diamond smashes records after fetching $16.8 million
It set a world auction record for a green diamond and became the highest price per carat ever paid for a gem that colour.
Someone stole this $5 million diamond-encrusted gold eagle statue
The golden statue was supposed to be the centrepiece of a campaign launched in conjunction with a series of books and events to raise money for cancer research.
Brazil’s mining sector to recover lost ground as iron ore, metal prices stabilize
Higher gold prices will push miners to restart or speed up development of projects, leading a fresh wave of mergers and acquisitions in the country, according to BMI Research.
McDonald’s Japan fights low sales with appetizing prize: an 18-karat gold McNugget
The campaign comes as the fast food chain steps up efforts to attract customers across the Asian country.
Silver Standard finishes grabbing Claude Resources in $337 million deal
Saskatchewan has lost its only home-grown gold miner, which last year produced a record-75,748 ounces of the yellow metal.
Centerra Gold seeks international arbitration for dispute with Kyrgyzstan
The company said the arbitration proceedings will be held at Stockholm and Sweden, and that they will be conducted under the UNCITRAL rules.
Sierra Leone grants preliminary OK to Stellar Diamonds Tongo mine
The West Africa-focused firm said it was verbally informed of the approval by the country's Minerals Advisory Board.
US coal ash highly rich in rare earths, scientists find
Rare earths content was tested using hydrofluoric acid, which is much stronger and more efficient than industrial methods, but is too hazardous to use on a large scale.
Noble shares hammered after CEO’s sudden resignation
The group also announced it would sell its Noble Americas Energy Solutions (NAES), one of its crown jewels.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
