Gold price drifts lower after Fed sticks to taper
Federal Reserve sticks to schedule of winding down stimulus despite data showing the US economy barely grew during first quarter.
Latest Stories
World Bank: China to overtake US as biggest economy THIS YEAR
New study based on purchasing power parity sees Chinese economy overtaking US this year. India leaps from 10th to 3rd.
War of Titans: Rio Tinto suing Vale over iron ore rights in Guinea
Analysts say it could be the single biggest litigation in mining history.
Big win for Goldcorp’s $3.9 billion El Morro mine in Chile
Appeals court says the gold and copper project, frozen since November last year, can finally go ahead. Indigenous communities to appeal ruling.
Padbury Mining walks away from $6.5bn Oakajee iron ore port and rail project
Oakajee could have enable the region's iron ore miners to be one of the major suppliers of the steel-making material to Asia.
Barrick’s profit dives 90% in Q1, cuts full year copper output outlook
Adjusted net earnings totalled $238 million or $0.20 per share, a dramatic drop from the $923 million or $0.92 per share logged last year.
Fears of Beijing metal-financing crackdown halt copper price rally
Using commodities as loan collateral is practice in China, but Beijing is set to introduce new rules limiting this component of the shadow banking system.
New York futures exchange mulls limits on gold, silver price moves
Unusually big moves and fears of price "slippage" have turned some investors away says CME Group, operator of Comex in New York.
Kincora Copper set to solve mining licenses dispute with Mongolia
Company is confident the government will return two of the licences revoked last year.
