Kazakh central bank aiming for 20% of reserves in gold
According to Kazakhstan's deputy central bank chairman, the central bank plans to boost the share of gold in its gold and foreign currency reserves to 20% from 14-15%
Latest Stories
Company introduces low cost lab-made diamond identifier
As diamond traders continue to express concerns over undisclosed lab-made diamonds, a Hong Kong firm is offering a low cost way to identify them. Their solution is a $200 laser pen.
Shares jump as Australian billionaire moves to take over Whitehaven Coal
Nathan Tinkler had been widely expected to sell down his 21% stake in Whitehaven Coal, but is instead looking to taking over the business.
A solution for tracking badgers may also help find miners
A novel solution for tracking badgers underground eventually led to a technology that beats many of the conventional tracking tools currently on the market.
EPA Pebble Mine review: Dirk Van Zyl and biogeochemists
I must return to the topic of the Pebble Mine. What is happening there is so extreme and contentious that it is setting the pinnacle (and possible the standard) for debate about opening new mines in sensitive places.
Why Indians end up buying gold
India should be doing better, according to Raghuram Rajan, a professor of finance at the University of Chicago, but bad government policy keeps stepping on the country's growth and sends its citizens back to gold.
Russia could sell all of Alrosa
Plans to sell a stake in 90%-owned Alrosa, the largest diamond supplier in the world, would make up a huge chunk of the $9.3 billion Russia hopes to generate from asset sales this year.
Prairie Creek Mine gets OK from aboriginal affairs
CBC reports that Canadian Zinc (TSE:CZN) has passed another milestone in getting its zinc-silver-lead-copper Prairie Creek Mine up and running with an OK from John Duncan, the minister of Aboriginal Affairs and Northern Development.
Rising chorus for stimulus takes gold to 5-week high
The Fed's new near-zero interest rate policy and purchases under QE1 kicked off on 16 December 2008. On 15 December 2008 an ounce of gold cost $837.50.
