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US$90 million silver bullion Ponzi scheme uncovered in South Carolina
The U.S. Commodity Futures Trading Commission said on Wednesday that is charging defendants Ronnie Gene Wilson and Atlantic Bullion & Coin with fraud in connection with operating a $90 million Ponzi scheme.
Kloppers clobbers capex: Forget Olympic Dam and Jansen, BHP is now even cutting back iron ore
“The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”
Minera IRL provides Education Program for the Community of Ollachea (Peru)
As published on Marketwire, the gold mining company Minera IRL Ltd and the Community of Ollachea signed an agreement for a period […]
China’s rate surprise digs copper out of 2012 hole. If only you could trust those GDP numbers
Copper has managed small gains every day of this week helped by the first Chinese stimulus since the great recession and a halt in exports by its number one producer. Don't get too happy though...
Bernanke, bullion, bathos and Bill Gross
"Boy, that was anti-climactic. There was absolutely nothing in terms of a policy signal...no different than what he might have said at any point over the last few years."
Diamond miner Harry Winston first quarter profit sparkles
Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond and luxury goods segments had more lustre than a year earlier.
Not enough R&D threatens future of oil sands
With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte & Touche LLP says Canada is putting the future of its oil sands industry at risk.
S&P Capital IQ endorses Barrick Gold after major management shakeup
Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.
