Large investors, retail buyers abandon gold market
Holdings in gold-backed ETFs fall to five-year low while hedge funds cut bullish bets on the gold price 20% to lowest since January.
Latest Stories
Argyle pink diamond ring worth $577k stolen in Australia
Each of the diamonds in the ring is laser inscribed with a serial number.
This man stole a diamond worth $160,000 and traded it for bag of pot
The diamond was soon recovered and returned to its owner.
India’s biggest underground coal mine opens next month
With an annual capacity of 2.8 million tonnes the mine is expected to help feed the country’s starved power stations.
China to impose revamped coal tax in December
The new resource expected to encourage a more efficient use of coal, which has been blamed for the nation's severe air pollution troubles.
London Mining shares collapse on funding fears
The iron ore producer warned it did not have sufficient cash to operate Marampa, its only mine.
Singapore kilobar gold trading to debut mid-Oct
Moves seeks to establish Singapore as centre for precious metals after the government removed 7% goods and services tax on investment-grade gold, silver and platinum in October 2012.
NWT doles out exploration grants as diamond activity heats up
Northwest Territories, the northern Canadian region known for diamond mining, is giving a leg up to exploration companies through an incentive program it first rolled out in June.
Coal still burning hot in Alberta
The Edmonton Journal published an article last week on the Genesee 1, 2 and 3 coal-fired generating facilities, located not far from the Alberta capital.
