Gold tumbles to $1,720.12/oz
Some profit taking, chart consolidation and a strong dollar are all pushing bullion down.
Latest Stories
Three mining pros take the reins at prophecy platinum – Greg Johnson interview
Prophecy Platinum Corp. (NKL), has scored a major talent coup by attracting a trio of credible and experienced mining executives to advance its flagship Wellgreen platinum, nickel and copper project in the Yukon Territory.
A Portrait of Two Presidents
A “fiscal cliff” compromise should be easier with an Obama victory compared to “a narrow Republican victory.”
Petaquilla granted mining rights to re-open Lomero-Poyatos gold mine in Spain
Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) said Monday it has completed the titling process for its wholly-owned Lomero-Poyatos project in Andalucia, Spain, about 500 km south of Madrid.
Over 300 kg of gold sold as festive season kicks off in India
Despite gold prices being at the highest in the last three weeks, India’s sales in just one city totalled 300 kg on Sunday, as the country’s festive season of Diwali kicks off.
Peru to resume talks on Newmont’s $4.8 billion Conga mine
Peru's government is considering resuming talks with opponents of the $4.8 billion Minas Conga copper and gold mining project in the northern region of Cajamarca, Environment Minister, Manuel Pulgar Vidal, said in a TV interview on Sunday night.
Rio Tinto’s massive diamond deposit in India brightens up the miner’s future
Just when major miners thought it was better to ditch their diamond divisions, giant Rio Tinto (LON, ASX, NYSE: RIO) says it is looking at the business with renewed enthusiasm, as a deposit the company discovered in India in 2004 has started to bear its shiny fruits.
Gold One to resume operations at its S.A.’s Ezulwine Cooke
Gold One International (ASX:GDO) is lifting the operational suspension imposed on its Ezulwini Cooke 4 shaft last month and will offer employment to workers who were dismissed for participating in strikes during October.
Harmony Gold’s mine halted after deadly accident
Drilling at Harmony Gold’s Kusasalethu mine, in western Gauteng, was halted on Monday after a worker was killed and another injured in a blasting accident.
