Move over gold, diamonds may become one of the greatest safe-havens
The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset.
Latest Stories
Australia state kills plan to hike gold mining tax over job fears
Proposal sought to raise hundreds of million of dollars in additional taxes on gold mining, but industry warned the step would spark job losses.
India’s Sept gold imports jump 31 pct on festive demand — GFMS
Higher purchases by India, the world's second-biggest consumer, could lend support to global prices that are trading near their highest level in a week.
Mercury from the northern hemisphere reaches Australia
By tracing the air backwards in time, the scientists found that high-mercury air travelled over the Indonesian archipelago before arriving in Australia.
Petra Diamonds might breach debt covenants
The company says that labour disruptions in South Africa and the confiscation of a parcel of diamonds by the Tanzanian government are to blame.
Tensions between the U.S. and North Korea drive gold prices up
Gold prices finished higher last Friday and followed the upward trend on Monday, with December gold GCZ7, +0.67% rising to $1,283 an ounce.
Argentinian senator expresses opposition to Canadian miner’s uranium exploration
Magdalena Odarda says Blue Sky Uranium's exploration is taking place at sites of paleontological significance.
Scientists use gold to improve microlaser technology
The devices are used to improve cybersecurity, GPS systems and the detection of toxic chemicals.
Sherritt International fined $1 million for coal mine spills in Canada
Sherritt pleaded guilty in the Provincial Court of Alberta to three counts of contravening the Fisheries Act.
