Korea to kick off physical gold trading in March
The Korea Exchange will use 1 gram units of bullion of 99.99 percent purity to spur liquidity and delivery will be in 1 kilogram bars.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Potash Corp. laying off over 1,000 workers
The world's largest potash miner by capacity, is cutting 18% of its workforce, or about 1,045 people,.
These are the countries mining investors should stay away from
While resource nationalism is still a major risk for miners, corrupted governments can be equally or more detrimental to the industry.
China to search for rare earths in the Moon
The “Jade Rabbit,” China's first lunar rover, is equipped with a round-penetrating radar to measure the Moon's soil and crust.
Coal industry says UN climate chief ‘ignoring reality’
World Coal Association says Figueres's comments evidence her "lack of expertise in the mining and energy sectors."
Vale slashes investment budget for third straight year to $14.8bn
Budget for 2014 is 9.2% lower than last year’s and well below the $18 billion total from 2011.
Diamond prices to jump next year— Alrosa
A steady diamond demand in Europe, paired with an ever growing appetite for these precious stones in China and India, are to blame, says Alrosa.
UK Royal Mint mulls issuing gold-backed physical bitcoins
In collaboration with the Channel Island of Alderney.
Barrick next chairman might get a helping hand from China
John Thornton has strong connections to Asia, particularly China.
Mexican drug lords get firm grip on country’s mines
Mexico's notoriously violent drug barons have turned to mining to both expand and diversify their sources of revenue.
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.
