$1,700 gold needed before fresh buying is likely
Gold prices traded less than 1% off yesterday's high on Friday morning as European markets remained broadly flat.
Latest Stories
Xstrata threatens Australian marketing company with defamation over spoof of anti mining taxes campaign
Mumbrella may face defamation charges from Xstrata Coal after it published a parody video of the anti mining taxes campaign, re-launched last week by The Minerals Council of Australia.
All aboard the Chinese iron express: BHP joins Rio Tinto and Vale in new trading platform
Diversified miner BHP Billiton (NYSE:RIO) today became the third iron giant to join the new China Beijing Metals Exchange (CBMX), only a few days after competitors Vale (NYSE:VALE) and Rio Tinto (NYSE:RIO) did the same.
Vale’s latest business sounds fishy, in a good way
Brazilian mining giant Vale has taken the concept of mining diversification to a new level by announcing that it will start raising fish by its Sudbury, Canada, location.
Avanti pops 20% after securing $640 million loan for moly mine
Avanti shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine.
ENRC swallows Kazakhstan coal producer for $600 million
Eurasian Natural Resources Corporation (ENRC) has paid US$600 million for the remaining 75% of Kazakhstan coal producer Shubarkol Komir.
Gold miners vs ETFs. Round 2
Should gold mining companies pay dividends to attract investors who are pouring money into gold-backed exchange traded funds?
Former Oilers owner accused of defrauding investors over Arizona gold mines
Peter Pocklington, the former owner of the Edmonton Oilers hockey team, is accused of making false claims about Arizona gold mines and defrauding investors out of millions, says a report in The Calgary Herald.
Chilean mining industry faces looming energy crisis
Chile will not be able to keep mining for copper, gold and other minerals if the government does not address the country's pressing energy needs, a mining conference in Santiago heard this week.
