October 12, 2017 Millions of dollars in gold end up in Switzerland’s sewers every year Researchers estimate that roughly 43 kg of gold — worth about $1.8 million at current prices — and 3,000 kg of silver (worth nearly $1.7 million) were flushed away last…
October 11, 2017 About a third of global concentrates now registered to trade on this new exchange Open Mineral Exchange has managed to attract mining companies and smelters wanting to cut out the middlemen and save cash on deals for concentrates.
October 10, 2017 LME to expand trading around gold and silver reference prices The LME expects three more clearing members to join its precious metals contracts by year-end.
October 10, 2017 Key permit granted to McEwen’s Gold Bar project in Nevada Company expects the full permitting process to be completed by December.
October 10, 2017 Move over gold, diamonds may become one of the greatest safe-havens The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset.
October 9, 2017 Tensions between the U.S. and North Korea drive gold prices up Gold prices finished higher last Friday and followed the upward trend on Monday, with December gold GCZ7, +0.67% rising to $1,283 an ounce.
October 9, 2017 Emmanuel Macron’s new wealth tax to be imposed on expensive jewellery A September proposal to replace the tax on high-end assets with just a real estate tax was met with public uproar.
October 6, 2017 McEwen Mining completes purchase of Black Fox complex The transaction closed today and included the Black Fox underground gold mine, stock mill, workforce, and nearby Grey Fox and Froome development projects.
October 5, 2017 Barrick to pay $20 million to settle Pascua-Lama arbitration case Lawsuit was filed last year after the miner halted payments due to a local group.
October 5, 2017 Mexico’s mining sector to reach $17.8bn by 2020 on zinc prices, strong pipeline Competitive operating costs and supportive government policies are also expected to play a key role in Mexico's mining industry strong recovery.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
