About 100 coal miners are barricaded inside an underground mine in Sardinia, Italy, and have armed themselves with explosives to prevent the mine's closure.
Financial Times analysts are the latest ones singing the “supercycle is over” song, as the paper points today to recent profit reports from major miners, including Anglo American, BHP Billiton, Rio Tinto and Xstrata as the most recent evidence.
Sprott says it's time for people to take matters into their own hands and that means pushing further and further into precious metals equities as well as physical gold and silver.
Gold miners confront costs which are 'increasing exponentially' according to Silver Doctors, with some predicting that gold prices will need to rise to $3,000 within five years in order for companies to stay profitable.
Mining giant Rio Tinto (LSE:/NYSE:/ASX:RIO) has unveiled its inaugural set of jewelry made using diamonds from its Bunder mine project in India's Madhya Pradesh.
Delaware's highest court has upheld a decision by a lower court to award $2 billion to Southern Copper Corp (NYSE:SCCO) following Southern's overpayment for Minera Mexico.