Gold price falls back into red for 2015
Rally above $1,200 prove short lived with gold trading down 1.5% as save-haven buying dries up and investors move back into stocks, bonds and the dollar.
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Jeb Handwerger: This could be the absolute bottom in the gold sector
Jeb has come on Palisade Radio since its inception days, and has been a continuous firm believer in a strong precious metals rebound.
De Beers making it harder for diamond dealers to join supply chain
The move seeks to direct gems to the most financially sound purchasers and make the business more transparent.
Peregrine Diamonds acquires Botswana-based explorer
The deal gives Peregrine access to eight prospecting licences in the African country.
Randgold considers acquisitions amid gold mining industry crunch
CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.
Coal industry’s decade-long drop in productivity hits reverse
U.S. miners have stabilized or even increased productivity at both surface and underground coal operations in the past two years, a study released Monday shows.
BHP wants strikes to be ‘last resource’ for workers
The mining giant has also asked for local laws to be flexible enough to keep pace with other countries.
Big oil worse than big miners in overspending
A chart by the Wall Street Journal shows that capital expenditures by the big oil companies are exceeding cash flow at a higher rate than the major miners.
Hecla grabs Montana silver-copper deposit through $20 million merger
Hecla Mining (NYSE:HL) has expanded its operations in the western United States with the purchase on Friday of Revett Minerals (TSX:RVM) in an all-stock deal worth $20 million.