In India’s bazaars, old gold is the new black
With prices sky high, Indians are selling off old jewelry—and it’s taking the shine off gold imports.
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Foreign miners pull up stakes in Indonesia
Newmont Mining’s exit after more than 30 years illustrates mining companies’ growing difficulties there.
Gold rises ahead of Fed meeting’s end
The precious metal was up Wednesday as investors assessed the probability that the Federal Reserve will raise interest rates as early as June.
A Belarus wildcard is shaking up the global market for potash
In the massive Soligorsk mine, workers 2,000 feet below ground are drilling at seams of pinkish rock and rattling a $20 billion commodity market.
Gold slips on stronger dollar, weaker U.S. import prices
U.S. dollar has been strengthening on growing expectation of a Federal Reserve rate rise.
More holidays, less coal: Chinese media’s five-year plan wish lists
Top Communist Party officials are gathering in Beijing this week to chart China’s economic development for the latter half of this decade – and already, the country’s state-run media are setting expectations.
Suppliers feel pain as coal miners struggle
Thousands of firms scramble for new customers in the US: ‘it’s been catastrophic’
South Africa’s platinum miners start over
Companies turn to shallow, highly mechanized new mines to keep costs low.
Gold miners’ stocks just aren’t that special
Beware gold bugs bearing cheap equities… Thanks to gold’s swift descent, mining stocks have been crushed in the past month. But bargain hunters should tread carefully.
Mining giants’ push for iron ore tests mettle of smaller miners
As industry giants such as Rio Tinto PLC and BHP Billiton Ltd. dig up ever more of the steelmaking ingredient for export, the resulting supply glut has caused prices to slump.
Indians buy gold as Chinese shift to stocks
The rapid run-up in Chinese shares this year is dimming the allure of another popular investment: gold. Luckily for fans of the metal, demand is looking healthy in India, the other big retail market in Asia.
South Africa’s gold miners begin wage talks
Unions are demanding as much as double workers’ current wages.
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