Gold price drops to 9-month low as ETF investors run for exits
Gold price is down $50 in two days to lows not seen since June.
Latest Stories
US must reform mine permit process to grow domestic rare earth industry: study
Calls getting louder for domestic US rare earth production.
Newmont mulls taking Peru’s Conga money elsewhere
Miner may reallocate capital to development alternatives in Australia, Ghana, Indonesia and Nevada.
FLSmidth to supply large material handling system
FLSmidth has received an order worth approximately INR 1900m (approximately DKK 200m) from a leading Indian steel producer, Tata Steel, to supply two pipe conveyors for transport of 6 million tonnes per year of iron ore over a distance of around 9 km from the steel company's Khondbond mines to the railway loading point at Joda in the state of Odisha, located on the east coast of India.
Shell taps into the Australian mining truck market with LNG technology
Giant miners such as BHP Billiton and Rio Tinto are said to be looking to implement the technology at their West Australian operations.
Rio Tinto’s Walsh hits the gas pedal, puts Aussie coal assets up for sale
Deal it is expected to fetch around $3 billion.
Over $60,000 worth of copper wire stolen in Utah leaves highway in the dark
Largest copper heist in Utah memory affected a stretch of Salt Lake City highway.
China’s largest steelmaker buys into Canada’s Labrador Trough
The Kami project is expected to produce 8 million tonnes per year.
Russia’s two largest gold producers turn in divergent 2012 results
Stunning gains and losses contrast the two companies.
