The eastern lust for gold
Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East.
Latest Stories
MINES Campaign reaches milestone as Ontario’s Mine Safety review announced
Family and friends of two miners killed in an underground accident expressed gratitude to Ontario for establishing a new provincial mining safety review.
Barrick: Thornton takes control April, former De Beers exec becomes COO
Thornton brings finance background and strong China connections, while James Gowans, former chief of the diamond giant's Canada unit brings mining experience.
SHORT SQUEEZE: Gold price spikes $40
A $40 swing in the gold price, wiping out an early morning jobs number sell-off shows short positions at four-month highs could be facing a big squeeze.
Turquoise Hill sinks 26%
The owner of the massive Oyu Tolgoi copper-gold mine in Mongolia is doubling its shares outstanding with a $2.4 billion rights offer.
Dassault Systèmes Introduces Geovia Surpac™ 6.6 With New Stope Design Tools, Digitising And 3d Cad Tools Enhancements
The new Stope Design Tools module enables underground engineers and designers to accomplish stope design tasks efficiently with an easy, simple and fast stope design process.
Gold prices down despite upbeat US jobs numbers
Gold prices hit a 5-month low, and is now within shouting distance of the psychologically important $1,200 level and the three-year low of $1,180.
Australian junior sets foot in Chile’s copper sector
Mining Group is set to extract 5,000 tonnes of ore per month, subject to more than a few of conditions, including a monthly payment of $2,000.
DiamondCorp gets first cash from stones unearthed at its Lace mine
Company got about $279,000 from the sale of 6,442 carats.