Gold flat amid conflicting developments
Host of competing factors trap precious metal.
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David Sadowski: Are you ready for upward pressure on uranium prices?
It has something to do with how orange juice is produced.
Tsilhqot’in First Nation tells junior miner to stop drilling
Another mining company has run up against the Tsilhqot’in First Nation, whose aboriginal title to land in its traditional territory were recognized by the Supreme Court of Canada.
Canada’s Manitoba to open bids for major potash deposit
The potential mine could generate $2 billion worth of royalties for the province over the course of 40 years, and sustain close to 600 jobs.
Zimbabwe’s planned Marange diamond mines merger hits legal hurdles
The government wants to consolidate the diamond mining companies currently operating in Marange from six down to two or possibly one.
Imperial Metals drops 42 pct, posts statement
"The cause of the breach is unknown at this time. The dam is an independently engineered structure that operated within design limits and specifications. Monitoring instruments and onsite personnel had no indication of an impending breach."
Another explorer handsomely rewarded in Burkina Faso
Australia's Orbis Gold upgrades Natougou project's indicated resources 500% for total 2m ounces at 5.1g/t.
India is hoarding Switzerland’s gold, silver
The country now accounts for 42% of Swiss exports of both precious metals.
Major gold producers expected to put more mines up for grabs
Smaller firms with lower overheads and more leeway to restructure operations have already picked up $912m of assets hacked off by top gold producers.
