Gold price collapses pass the $1,200 mark
It plunged as much as 3% to $1,198 an ounce, the lowest price in almost six months.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
China’s government likely behind country’s gold hoard—report
Already the world's biggest gold producer China is set to overtake India as the No.1 gold importer. But where is all that gold going?
Rinehart’s Roy Hill project gets $1bn funding injection
The $10 billion project, originally expected to begin production this year, is way behind schedule.
Survey: 72% of miners see the global economy improving
Confidence levels in the sector have improved dramatically over the last 12 months, reaching a two-year high.
South Africa’s key gold industry faces moment of truth
Collapsing gold prices, ageing mines, labour strikes and higher operating costs have together weighed down on the sector in the world's sixth largest producer of the metal.
Bitcoin sinks as China tightens restrictions on trade
The virtual currency is down 46% from Monday, and 60% since the historic peak of late November.
Massive diamond deposit said to be hiding beneath Antarctica’s icy hills
But scientists think the chance of the Antarctic kimberlite containing economically viable amounts of diamonds may be low.
Oil sands air monitoring agency running on emergency fund
The Wood Buffalo Environmental Association has barely enough to keep running until the end of January.
Russia’s Alrosa to export 36 million carats of diamonds in 2014
The miner believes rough diamonds prices will soar next year.
Chinese coal billionaire drowning under $5bn pile of debt
Analysts say the situation is nothing but a reminder of the thin dividing line between China’s banks and its “shadow” lending industry.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
