India’s attack on gold: Premiums double
Jewelers are now paying $10 an ounce over the London gold price.
Latest Stories
Tanzanians sue African Barrick Gold for alleged deaths
Claimants allege African Barrick failed to curb the use of excessive force at its North Mara mine on a regular basis over the last three years.
Chinese coal companies face troubled domestic market
Some coal producers in the red.
Banks, metal warehouses and the ‘dark inventory’ game
FT's John Gapper writes: "This abrupt integration of metals trading and storage echoes how banks piled into subprime mortgages before the 2008 crisis."
Australian coal industry costs of 2013 revealed
R2Mining has just released the 2013 Australian Coal Cost Guide (ACCG) and Australian Metal Cost Guide (AMCG) - industry’s most comprehensive data source of current, reliable information for mining companies, mining schools and government agencies.
Simandou railway shows how ‘politics can interfere with economics’ in Africa
Simandou is one of the richest concessions in all of mining with in excess of 26 billion tonnes of high grade iron ore.
Strong charts fuel PLS project takeover speculation – Canadian uranium
PLS project in Northern Saskatchewan is a 50/50 joint venture held by Fission Uranium and Alpha Minerals, fuelling demand for the shares of both companies.
Roubini still sees $1,000 gold
The cofounder and chairman of Roubini Global Economics, also known as Dr. Doom, said this week’s US Federal Open Market Committee meeting drive gold prices lower.
Brazil new mining code ‘too rushed to be good’— critics
President Dilma Rousseff is allowing only 90 days for public debate on the new law draft.
