Gold hits 7-month high after QE3
Gold hit an intra-day high of $1.775 shortly before the end of the trading day – a 7-month high and up $240 from its 2012 lows struck in May.
Latest Stories
Not only are commodity prices diving – Canadian CEO bonuses have shrunk too
CEOs are getting — on average — 31% less this year.
Mini iron ore rally melts away
World number one producer Vale says the market will remain stuck in a period of significant volatility until China reduces its stockpiles.
Quebec’s first diamond mine may see delays
Canadian Stornoway’s Renard diamond project might not be ready by 2015 due to delays in the construction of the Route 167 extension from Chibougamau to the Otish Mountains.
Gold miner ready to start producing… coffee?
Philippines-based Philex Mining Corp. (PINK:PXMFF), the country’s biggest miner, said it is ready to start harvesting coffee from its demo farm located in the Barangay Ampucao district, in Itogon.
‘Eastwooding’ space miners pitch ideas to ‘invisible Obama’
No U.S. president has waxed as poetically about mining the moon the way John F. Kennedy did about landing on it. But that didn't stop four entrepreneurs from making their best pitches Sept. 11 to two empty chairs.
More coal mining jobs axed in Australia; Vale joins BHP and Xstrata
Brazilian mining giant Vale has followed the gloomy trend set by BHP and Xstrata by announcing it will lay-off workers at its coal operations.
Labour leader calls S.A. workers to ‘bring mining companies to their knees’
Mametlwe Sebei, one of the main leaders of South Africa's striking platinum miners, urged workers to go on a national strike that he said would "bring mining companies to their knees.”
Mining outlook for Canada’s North less promising than projected
Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.
