Sierra Leone ‘Peace Diamond’ sold for less-than-expected
The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds.
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Indonesia to grab Rio Tinto stake in Grasberg mine
After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.
Electric charge: Glencore bets big on car battery metals
Glencore has increased production of the metals used to make electric car batteries faster than its major mining rivals, according to an industry-wide analysis that shows the scale of a strategy that has big prospective risks and rewards.
Kazakh supply shock to jolt uranium price
World's top supplier of uranium announces 20% cut in production over three years.
Gold looks like a bargain just in time for Christmas
Frank Holmes talks gold projections, potential recession, risks surrounding tax reform, and why gold has fallen short of expectations this year.
Bacanora tanks as president resigns
President and director Martin Vidal has left the post effective November 30.
Gold ETFs soar as Russia probe closes in on Trump’s inner circle
SPDR Gold Shares, the biggest gold-backed ETF, attracted the most money since September as the Trump-Russia probe escalated.
Gold heads for month low as U.S. senate passes Trump’s tax cuts
Metal for immediate delivery traded 0.5 pct lower at $1,274.20 an oz. as of 10:48 a.m. New York time. A close at that level will be the lowest since Nov. 3.
Vale to use cash flow to pay dividends, reduce debt -CEO
"The first thing we are going to do with the cash is pay debt, and then we are going to make this company's shareholders happy as never before," said Chief Executive Officer Fabio Schvartsman.
