Correction or final push higher?
Despite maintaining an overbought condition and despite the recent bearish posture of many sector pundits, the gold stocks have yet to correct more than 11%.
Latest Stories
ETF pile-on continues as gold gains for second straight day
Gold bugs continued to pile into gold ETFs on Monday, as the yellow metal gained for a second straight day.
China’s ICBC buys giant London gold vault from Barclays
The deal, due to close in July, will make ICBC Standard the only Chinese bank to operate a vault in London.
Infographic: Weird world currency
We took a look at some of the weird and wonderful things that have been used as alternatives to money around the world, some of which are still in use today.
Getting a heartbeat on British Columbia miners
PricewaterhouseCoopers LLP (PwC) has recently released their 48th annual British Columbia Mining Report.
Australia’s geoscientist employment slump enters its third year
Employment prospects for Australia’s professional geoscientists deteriorated even further in the opening quarter of 2016, driven down by mining’s negativity and dashing hopes for an improvement in the geoscientist employment situation.
Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million
The deal marks the end of Eldorado’s reign in China.
Mongolia to pay $70 million owed to Canada’s Khan Resources
Move comes on the heels of Rio Tinto’s decision to resume work on a $5.3 billion expansion of the Oyu Tolgoi copper mine, following a three-year delay due to disputes with authorities.
Lucapa to invest $7 million upgrading Lulo diamond mine in Angola
The mine hosts type-2a diamonds which account for less than 1% of global supply.