June 24, 2013

Illegal gold mining profits for rebels in Colombia five times larger than cocaine

A kilogram of cocaine can sell for about $2,570 in the Colombian jungle, while a kilogram of gold can fetch 19 times that, say insiders.

June 23, 2013

India-bound passenger smuggles 1.3kg of gold in shoe

Officials were tipped off.

June 22, 2013

China to overtake India in gold consumption thanks to 6.6 million bridal gifts

"Some 10 million weddings take place every year in China."

June 21, 2013

Asteroid miner exceeds $1 million crowd-funding goal

Planetary Resources is now going for $2 million and has created new incentives to lure backers.

June 21, 2013

Gold, silver turn positive

Precious metals hit fresh multi-year lows in European trading before turning positive.

June 21, 2013

Chile’s court launches probe on why Barrick’s Pascua-Lama fine was reduced

It was cut down from $16 million to $12 million.

June 20, 2013

Gold price drops $97 to September 2010 level

Gold price plummets after the US Federal Reserve signaled an end to its loose monetary policy may come sooner rather than later.

June 20, 2013

Gold falls under $1,300 and silver drops beneath $20

Markets slump.

June 20, 2013

Silver found to be key weapon in fight against antibiotics resistance

Adding silver to antibiotics can make them up to 1,000 times more effective, say experts.

June 19, 2013

Get ready for stupid cheap silver prices

Senior analyst David H. Smith navigates the jungle by advising which explorers, midtiers, stalwarts and royalties to consider buying.