Buying dead flowers
Institutional investors tend to prefer investments that are thought to contain the potential for growth, growth = sprouts.
Latest Stories
Gold at mid-$1,800s by year end: Thomson Reuters GFMS
Supply side sluggish.
Experts survey points to higher gold prices next week
A 2/3 majority of survey respondents see gold up next week.
Caterpillar lays off 460 more workers due to mining sector softness
"More permanent measures must be taken in the near term."
Jiangsu Huadian Jurong Power chooses Metso’s automation for its two 1000 MW units in China
Advanced automation systems will contribute to more efficient and less polluting electricity generation in two large units that feature ultra supercritical technology and thereby support economic growth in Eastern China in an environmentally responsible way.
Metso to supply a crushing and grinding package for B2Gold’s Otjikoto Gold Project in Namibia
Gold production targeted at 4,385 kg annually during initial five years of operation
Rio gets ready to wave its Diavik diamond mine goodbye
Dominion Diamond Corp, which already owns 40% of the mine, said it is interested, but the price has to be right.
Chile’s port strikes hitting fruit more than copper: experts
Unrest comes against a backdrop of a presidential election year and may heavily weigh on the results.
Rare pink diamond heads to auction block with $40m sales estimate
Some jewellers estimate it will sell for about $40 million dollars.
