December 4, 2013

SHORT SQUEEZE: Gold price spikes $40

A $40 swing in the gold price, wiping out an early morning jobs number sell-off shows short positions at four-month highs could be facing a big squeeze.

December 4, 2013

Turquoise Hill sinks 26%

The owner of the massive Oyu Tolgoi copper-gold mine in Mongolia is doubling its shares outstanding with a $2.4 billion rights offer.

December 4, 2013

What the really bad Black Friday numbers this year mean

A few weeks ago, we saw many of the key retailers reporting some results and warning that sales in the retail sector could be sluggish during the holiday shopping season.

December 3, 2013

Gold mining executives come under fire

Gold mining executives came in for some criticism on the first day of this year’s Mines & Money conference, for among other things a lack of foresight and reaping too…

December 3, 2013

China flexes monetary muscle

China’s yuan has overtaken the euro to become the second-most used currency in trade finance.

December 3, 2013

Innovate or perish—Deloitte to the mining industry

In Tracking the trends 2014, Deloitte uncovers the pressing trends facing the mining industry in the year ahead and offers strategies that companies can employ to adapt to changing industry…

December 3, 2013

David H. Smith: prepare for precious metals to lift off

David H. Smith, senior analyst at The Morgan Report, says that smart investors will take care to cull the weakest mining stocks from their portfolios and reinvest the proceeds in…

December 3, 2013

Yamana Gold to invest $450 million in Argentina’s Cerro Moro

Construction at the gold and silver project, is expected to start early next year, with production slated to begin in late 2015.

December 3, 2013

These are the countries mining investors should stay away from

While resource nationalism is still a major risk for miners, corrupted governments can be equally or more detrimental to the industry.

December 3, 2013

Bitcoin ‘miner’ sells $8 million in hardware in 24 hours

"The faster and more efficiently you can solve math problems, the more bitcoins you get."