June 6, 2014

Kitco fills impending silver fix void

Kitco’s Silver Fixing price is derived by a unique algorithm that averages the spot price between bid/offer on the wholesale silver market, as quoted by internationally recognized bullion dealers.

June 6, 2014

Codelco removes CEO Keller after clash over cost cuts

Keller had been commended for his efforts to overhaul old mines and cut costs at Codelco, but his tough style is said to have triggered tensions within the company and…

June 5, 2014

Fresh name bidding to take over 117-year old silver fix

London-based fund manager ETF Securities has thrown its hat in the ring to run the spot pricing mechanism for the globe's physical silver trade.

June 5, 2014

Bolivia passes mining law that bans partnerships with multinationals

The law, the first major overhaul of the country’s mining sector since 1997, denies cooperatives the right to partner with private companies, whether domestic or foreign.

June 5, 2014

Miners profits sank 72% over past year, lowest level in a decade

Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.

June 4, 2014

Romania deals major blow to Gabriel Resources gold mine: on hold indefinitely

The lower house of parliament rejected bill that would have allowed the firm to proceed with its Rosia Montana project.

June 4, 2014

Credit card made of solid gold issued in Europe’s Isle of Man

The 14-carat gold credit card is the world’s first backed by the precious metal itself.

June 3, 2014

Finally, good news for mining in Peru: Ricardo Carrión and Alberto Arispe

Ricardo Carrión and Alberto Arispe of Peru-based Kallpa Securities have a boots-on-the-ground view of the politics, legal battles and investment climate for precious metals mining in the Andes.

June 2, 2014

Connecting the dots

In this month’s Markets at a Glance, we present a collection of thoughts on why we think precious metals are a compelling investment now.

June 2, 2014

From Constantinople to Istanbul, Turkey has never been better

Every time he travels to Turkey, portfolio manager of our Emerging Europe Fund (EUROX), Tim Steinle, says the country continues to develop.