Chinese housewives pick up 300 tonnes of gold in two weeks
Reports from China show bargain hunters have picked up all the physical gold ETF investors have been dumping.
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Metso to modernize automation and field instrumentation at Helsingin Energia’s Salmisaari power plants in Helsinki, Finland
Unified automation and accurate process controls contribute to better overall process management of the Salmisaari power plants
World’s most valuable gold miner Goldcorp posts sharp profit drop
But it said it has developed a “contingency plan” to defer capital spending if conditions in the gold market require it.
More than 60 Sudanese gold miners killed in well collapse
Gold has become a key commodity for Sudan since the oil-rich south seceded nearly two years ago.
Italy should use gold-backed bonds as an alternative to austerity: WGC
The strategy would be a more remedial answer for countries facing financial challenges than outright gold reserve sales, says the organization.
Peru to roll back piece of mining law
Miners will not have to negotiate with the Quechua-speaking people who live in the Andes.
California’s Long Beach port starts new iron ore shipments
The operation is the only exporter of the raw material on the West Coast.
Workers strike at Freeport’s Indonesian mine
Labourers at the Grasberg mine expansion say the work stoppage could last for a month.
VIDEO: Ncondezi Coal develops Mozambique project
Company discusses its thermal coal mine and power generation station.