November 28, 2012

Paul van Eeden on why gold is overvalued

Many goldbugs like gold as a hedge against Federal Reserve policies and high inflation. Paul van Eeden, president of Cranberry Capital, says he does not fear high inflation due to…

November 28, 2012

Thompson Creek closes $350 million offering

The proceeds from the offering are intended to help found the development of its Mt. Milligan copper-gold mine in British Columbia, Canada.

November 28, 2012

Value of Canadian mining and metals deals almost halved in 2012

The value of Canadian mining and metals deals dropped a dramatic 43% for the first nine months of 2012, revealed Wednesday the latest report by Ernst & Young.

November 28, 2012

India’s gold demand to drop 19% in 2012

The World Gold Council (WGC) expects India’s total demand for the yellow shiny metal in 2012 to be nearly 19% lower in 2012 than last year, mainly due to low…

November 28, 2012

Mining industry could save billions on capital projects – report

Mining and metals companies saw expenditures reach over $140 billion in 2012, but a study published Wednesday by consultants at Accenture (NYSE: ACN) indicates the sum could have been considerably…

November 28, 2012

Goldquest drops one-third again after releasing more drill results

Company closes at 50 cents on Tuesday

November 28, 2012

Police recovers Barrick Gold’s van stolen in the U.S.

Police has located a van belonging to Barrick Gold (NYSE, TSX: ABX) stolen Wednesday morning in Elko, Nevada, officer Clair Morris told Elkodaily.com.

November 28, 2012

Barrick to inject $2 billion to Pascua-Lama in 2013

Canada’s Barrick Gold (NYSE, TSX: ABX) will invest about $2 billion in Argentina next year mainly to advance construction at its massive Pascua-Lama gold-silver project, straddling the border with Chile.

November 28, 2012

5 amazing global consumer trends

According to the latest survey from the Consumer Electronic Association, about 60 percent of adults plan to shop in stores or online during the holiday weekend, with the average person…

November 28, 2012

Silver is a better buy than gold: Leeb

The precious metal's prospects will rise on its indispensable role in renewable energies