July 11, 2014 Ohio firm granted rights to shipwreck’s gold worth up to $80m The SS Central America ship sank off the South Carolina coast in 1857 and has been the subject of legal disputes for about 30 years.
July 11, 2014 Peru set to become world’s second largest copper producer in 2016 Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
July 11, 2014 CME/Thomson Reuters win race to replace London silver fix The race to replace the 117-year-old London silver price fix is finally over.
July 11, 2014 Asset boom and inflation ahead? "If currencies in general are losing purchasing power then we believe that assets such as silver and gold will be fantastic investments to be positioned in."
July 10, 2014 Gold and silver shining bright—hit three-month highs Platinum and palladium were also dragged higher by gold.
July 10, 2014 First Quantum resumes construction at Cobre Panama, hunts for new deals The miner is now looking for new projects that will allow it to return more than 30% average value to shareholders, president Clive Newall said.
July 10, 2014 Turkish miner, Lonmin to explore for gold, silver in Ireland Turkish gold miner Koza Altın has established a wholly owned subsidiary in Britain to undertake mining activities abroad.
July 9, 2014 Mongolia blames Rio Tinto for delays at Oyu Tolgoi The move aims to shift blame for delays away from the government.
July 8, 2014 Job cuts coming to Antofagasta’s freshly combined copper operations The copper miner controlled by Chile’s billionaire Luksic family, will cut jobs and costs through its new company Minera Centinela.
July 8, 2014 Chile’s Codelco to produce over 300 tons of silver this year The company, already the world’s largest copper miner, wants to become one of the top silver producers too.
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