Gold prices dive
Gold prices dived Tuesday to 1,684/oz at 12:15 ET as fiscal cliff talks continued ahead of the holiday week.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
DiamondCorp surges on funding news for South African mine
Shares in DiamondCorp (LON:DCP) climbed 13% after the company announced it has put in place what it called “the final piece in the funding jigsaw” for its Lace Mine in South Africa.
Silver extremely low because of paper market — Embry
Sprott Asset Management's chief investment strategist, John Embry, said Tuesday that with China's silver demand rising sharply and money printing to infinity being Western central bank policy, silver's price remains ridiculously low on account of paper market games.
Coal to challenge oil as main source of energy by 2017
Coal is likely to overtake oil as the world's main source of energy in the next five years, with potentially devastating effects in the environment, says the International Energy Agency (IEA).
Nearly 90 pieces of gold and silver found in English historical site
About 90 new pieces of gold and silver have been discovered in the field close to Lichfield, in Staffordshire, England, where the Staffordshire Hoard of Anglo-Saxon treasure was found three years ago.
Centamin’s stock recovers as gold export resumes
Shares in London and Toronto-listed Centamin (LON:CEY, TSX:CEE) surged 26% to 43.95p on Monday after the miner announced it had resumed exports from its flagship Sukari gold mine in Egypt.
Chileans divided over value of Barrick’s water fund
When it comes to its $8.5 billion Pascua Lama project, 2012 was not a great year for Canada’s Barrick Gold.
Firestone Diamonds sells $5.1 million in two months
The company sold a total of 63,991 carats of rough gems in October and November.
Anglo Asian signs copper sales contract with Glencore
Under the terms of the sales agreement, Glencore will purchase 250 wet metric tonnes (WMT) per month of copper concentrate product.
SEC endorses JPMorgan copper ETF
The resolution makes it easier for the U.S. bank to launch its product.
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
