Brazil doubles gold reserve to highest level in 12 years
Brazil increased gold reserves for a third month in November to double the country’s holdings since August, reaching levels not seen since November 2000.
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Centerra Gold files new technical report for its Kumtor mine
Document was submitted a week after Canadian Centerra Gold (TSX:CG) rejected as “exaggerated” and “without foundation” a $152 million environmental damages claim from the Kyrgyzstan government.
Chinese withdraw from $3bn iron ore project in Western Australia
State-owned company to shut its Perth office and withdraw most of its staff
Resource nationalism assumes more insidious forms
Tactics shift from frank expropriation of assets to increased royalties and stricter procurement requirements
Chinese copper mine triggers nationwide protests led by Buddhist clergy
Brutal crackdown triggers hundreds of Buddhist-led rallies
Southern parvenu seizes control of New York Stock Exchange
Metals and energy trader clinches historic deal with NYSE Euronext.
Lonmin’s Marikana mine controversy far from over: survivors allegedly ‘shot again’
Lawyer says there is enough evidence to say the police had planned to shoot miners and not arrest them.
A coal factsheet for the future
Here are some of the other startling highlights from the IEA’s Medium-Term Coal Market Report 2012 Factsheet.
Silver drops below $30
Precious metals are at three-month lows.