The Fed giveth and the bullion banks taketh away…
Precious metal expert Michael Ballanger breaks down the gold price roller coaster surrounding the Fed's decision not to raise interest rates.
Latest Stories
Nevsun shares tank after Reservoir accepts takeover
Vancouver-based Nevsun sweetened the deal for Reservoir shareholders with a $75 million cash payment just before the vote.
Australian mining industry cautioned to protect their assets
Despite only taking several minutes online, and costing less than the morning newspaper and cup of coffee, many Australian businesses are failing to protect their legal rights of ownership.
Scientists use potash mine to test feasibility of living in Mars
Studies underway at Boulby Underground Laboratory, the UK's deep underground science facility, include the analyses of cosmic rays and climate, as well as astrobiology and life in extreme environments.
Mosaic in talks to acquire Vale fertilizer unit in $3bn deal — report
A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.
Lundin Gold getting closer to developing Fruta del Norte in Ecuador
With construction expected to start in 2018, the US$669-million Fruta del Norte project could finally begin production before the end of the decade.
Samarco iron ore won’t restart this year
Vale-BHP joint venture was shut after deadly dam spill in November – Samarco produced a fifth of global seaborne iron ore pellets supply before the disaster.
CHART: Gold price bulls kept faith as hedge funds wavered
Investors in physically-backed gold ETFs who kept buying all through May as futures speculators dumped positions were vindicated on Thursday.
Decision on TransCanada’s Energy East closer than ever as federal board begins review
The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.
