CHART: Behavioural finance points to $1,050 gold price
Safe haven buying won't sustain gold price at today's levels shows global economic sentiment index.
Latest Stories
AngloGold halts work at giant Colombian project
$2 billion La Colosa project boasts reserves of over 25m ounces of gold.
Goldcorp shares slide after drop in output
Slump in production at Cerro Negro and Red Lake mines behind 153koz year on year drop in first quarter.
This Nintendo is made of 24K gold and it’s being auctioned right now
A couple of video games-lovers has put one of the only 10 such consoles that were sold out last year, up for auction on eBay.
Philippines extends mining ban, now forbids open-pits
Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.
PotashCorp says expected sector recovery has already begun
The Canadian miner, the world’s largest producer of the fertilizer by capacity, expects strong demand to continue this year as North American farmers seek to replenish soil nutrients after record harvests.
Vale’s first quarter profit lower than expected as rains hurt iron ore output
Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
Copper, lead, zinc prices to stay on the boil
New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
Czech mining industry pins hopes of revival on lithium
The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.
