January 14, 2012 When hedge fund managers speak of “deleveraging,” buy gold (GLD) Robert Prince, head of Bridgewater Associates, the largest hedge fund in the world, says his fund is long gold (GLD) because the global economy is in a "deleveraging" process that…
January 14, 2012 Feds sue W.Va.-based Resurrection Coal for unpaid safety fines The federal government filed suit Jan. 12 against West Virginia coal operator Resurrection Coal Co. Inc. to collect about $42,657 in unpaid fines for mine safety and health violations.
January 14, 2012 Walter Energy lowers 4Q view Walter Energy Inc. tempered its fourth-quarter earnings guidance and lowered its estimate of output for the year, pointing to production problems in Alabama and weak results from some new startup…
January 14, 2012 Russia’s Mechel completes construction of rail link to coking coal deposit Russian steelmaker Mechel OAO on Jan. 11 said it has completed laying tracks from the Ulak station to the Elga coking coal deposit in southeast Yakutia, Russia. According to Mechel's…
January 13, 2012 Gold and silver decline as Europe receives downgrades On Friday, gold (NYSEARCA:GLD) futures for February delivery decreased $16.90 to settle at $1,630.80 per ounce, while silver (NYSEARCA:SLV) futures fell 60 cents to settle at $29.52.
January 13, 2012 Keystone, Northern Gateway pipelines raise questions that need answers before approval In hearings that began this week on the proposed Northern Gateway pipeline to carry tar-sands oil from Athabasca to the B.C. coast, we have a rare opportunity to insist on…
January 13, 2012 Prospecting in Queensland just got much more expensive The Australian reports the Queensland government is going after speculative prospecting by what the state treasurer termed two-dollar shell mining companies, slapping the industry with $375 million in additional fees.…
January 13, 2012 Patriot Coal down 12% after idling three met mines citing weak global demand Patriot Coal was beaten down more than 12% on Friday after announcing it will cut production of coking coal due to weakening global demand.
January 13, 2012 Markets comfortable again with gold While dollar prices for gold slipped on Friday morning, measured in euros gold rose throughout the morning session.
January 13, 2012 BHP halts underground ops at Khutala South Africa after fatality Mining major BHP Billiton’s South African energy coal unit Becsa has suspended mining activities at the underground operation of its Khutala colliery near Witbank, after a fatal accident on Thursday.
Gold price surpasses $4,900 as record rally carries on Spot gold rose nearly 2% to set a fresh all-time high of $4,923.63 per ounce. January 22, 2026 | 11:59 am
