For gold and silver it has been a week of two halves: first prices rallied to a peak on Tuesday, then declined to show net losses for the week on Wednesday for silver and Thursday for gold.

The dispute dates back four years. Some locals still refuse to use certain shops in the village because their owner has taken one side or another regarding a proposal by Canadian company Asturgold to mine one of Europe’s last major gold reserves.

In the largest donation in Telethon history, BHP Billiton has committed $20 million over the next five years to the Telethon Kids Institute to improve the health and wellbeing of children in Western Australia.

Total performance lubricant manufacturer, Bel-Ray, today announced the release of its new Molylube Ultra, its highest performing open gear lubricant. Molylube Ultra performs the work of three different products with its ability to be used for priming, running in and service lubrication of draglines, shovels and a number of other mining and heavy industrial applications.

The World Gold Council predicts that India will import 850 to 950 tonnes of gold this year.

Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States.

Saved by the bell.

Efficiency, reliability and total cost of ownership are all terms that are at the forefront of engineering considerations, however looking at items of equipment on an individual basis may not deliver the maximum benefits. By looking at the wider picture and combining the best technology from individual areas it is possible to achieve much more significant savings and efficiencies.

The move is seen by analysts as an attempt to strengthen the firm’s image.