Alex Green: why gold does not have a ‘fair value’
Although he believes in owning gold as insurance, Alex Green of the Oxford Club says there’s no way to tell whether it’s cheap or expensive at any particular time.
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Stans mining licence rightfully acquired — Kyrgyz Supreme Court
Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.
Blood diamonds still at Central African mining sector’s heart
A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.
Iron ore price crashes 4%
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
Adani lines up $1bn for Australia’s Carmichael coal complex
The mine and rail project in Queensland's Galilee Basin is expected produce 60 million tonnes of thermal coal a year.
Only 38 pct of aboriginal Canadians have a favourable perception of mining
About 1,200 Aboriginal communities are located within 200 kilometres of approximately 180 producing mines.
Swiss yes vote won’t really boost gold price
Switzerland has to buy up to 1,800 tonnes of gold in a yes vote, but Deutsche Bank says window dressing using derivatives would limit impact on gold price.
German scientist makes diamonds from peanut butter
It’s probably one of the first cases ever reported where the tasty spread has been used to produce synthetic gems.
Batista’s new ventures: dog cloning, impotence pills, breath freshener
Disgraced Brazilian tycoon on trial for insider trading has signed development deals with a South Korean pharmaceutical company and a dog cloning scientist.