John Paulson’s huge bet on gold
Buckle up John Paulson investors. Bloomberg reports that the billionaire hedge fund manager has put 44% of his firms assets into gold.
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Central banks double last year’s gold buys
Central banks demand for gold in the second quarter reached 157.2 tonnes, a record high and more than double last year's Q2.
Company donates Heavy Equipment for Training Program
As kamloopsnews.ca reports, the Thomas Rivers University received current-model machines for their training program for heavy equipment operators. The donation, made by […]
And you thought Molycorp had it tough: Some Chinese REE miners report 90% drop in earnings
Downstream companies are playing a wait and see game, hoping to capitalize if rare earth prices decline further.
China and India go soft on gold as worldwide demand sinks 7% in Q2
Worldwide demand for gold in the second quarter of 2012 fell to 990.0t, down 7% in comparison to last year said the […]
Obama and Buffett are anti-market fascists: Rick Rule
Attention-getter Rick Rule had choice words when asked about Warren Buffett, who said that President Barack Obama is “not anti-business.” “There is […]
Cleaning up heavy metals using worms
Worm composts are not just for kitchen waste, since the bugs also happen to be good at absorbing heavy metals, according to […]
Death toll climbs to 28 at Lonmin mine
South African police began firing on a surging crowd of workers leaving 18 people dead.
Egypt to issue tenders for foreign gold explorers
The Egyptian Mineral Resources Authority plans to issue international tenders in September to explore for gold in seven areas in Egypt's Eastern Desert and Marsa Alam regions in the south where it has identified deposits.
