November 4, 2015

Why Austria is repatriating gold from London

Many central banks around the world are aware the international monetary system is moving away from the US dollar and that the role of gold will (officially) be much greater…

November 4, 2015

Fed inflicts more damage on gold price

Gold down $75 in a week after Fed chair Janet Yellen's hawkish congressional testimony sparks another sell-off.

November 4, 2015

James Carr is Canada’s new Minister of Natural Resources

Before becoming a public figure, the Winnipeg businessman and Liberal South Centre MP worked as a journalist, musician and administrator.

November 4, 2015

Lonmin may shut down if shares sale flunks

The radical decision would make of the platinum producer the biggest casualty of the ongoing commodity rout that is hurting miners worldwide.

November 4, 2015

Glencore shares soar on faster than expected debt reduction

The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it…

November 4, 2015

Skeena acquires GJ copper-gold project

Acquired from majority owner Teck Resources Limited

November 3, 2015

Gold price: Hedge funds ready to dump 430 tonnes

Five days of selling drops gold price nearly 6% ahead of crucial US jobs numbers on Friday as large futures investors liquidate massive bullish positions.

November 3, 2015

Silver Wheaton pays $900m for Glencore silver stream

The Vancouver-based streaming company says the deal immediately adds expected average silver production of 5.1 million ounces per year.

November 3, 2015

Chile’s Codelco lays off over 4,000 workers

The drastic move makes of Codelco the mining company that has let go the highest amount of workers in Chile since copper prices began their decline over a year ago.

November 3, 2015

Christie’s expects $28 million for this pink diamond

The stone is the largest cushion-shaped Fancy Vivid Pink diamond ever to go on sale at an auction.