Money still pouring into gold ETFs
50 tonnes in two weeks, best performance since 2012.
Latest Stories
45-year chart shows dollar bull run just getting started
US currency is overbought short term, but relative performance chart going back to 1970 shows rally has long-term legs.
Laser Technology, Inc. Addresses Safer and More Effective Tactics for Blast Design
Laser Technology, Inc., (LTI), the leading designer and manufacturer of laser-based solutions for professional measurement and mapping, and Robert McClure, President of RAM, an independent blast design consulting firm, will be cohosting a webinar about serious challenges and viable solutions for the mining and blasting industries on Wednesday, February 25, 2015, at 10 AM (MST).
Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia
Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.
Facebook twins want gold bugs to buy their bitcoin ETF
Cameron and Tyler Winklevoss, famous for suing Facebook's founder over ownership of social site, says bitcoin is more durable and portable than gold.
Swiss IXE Group secured industrialization of Lithium Carbonate in Bolivia
IXE Group announced in La Paz Bolivia, that its subsidiaries IXE Ventures AG (Zurich) and RENABO Extraccion y Explotacion de Minerales SA (Bolivia) have completed a merge with the company QUIMBABOL SAM (Quimica Basica Boliviana Sociedad Mixta) . This authorized merge, results in an exclusive and solid framework for the exploration, exploitation, extraction, industrialization and commercialization of all mineral natural resources (ie: potassium, boron, magnesium, chloride, sodium and Lithium) in the Salar de Uyuni and other Salt Lakes in Bolivia.
Hedge funds raise bullish gold bets to 2-year high
According to futures trading data hedge funds have amassed the largest bullish position since December 2012 when gold was trading above $1,700 an ounce.
No recession for Alberta, just ‘zero growth’ as oil price nosedives
According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.
Metso strengthens its complete offering for mining customers by acquiring certain intellectual property rights related to Rexnord’s Falk Mill Products business
Metso has acquired from the US-based company Rexnord Industries, LLC certain intellectual property rights related to Rexnord's Falk Mill Products business. The acquisition allows Metso to provide replacement gears and pinions for its customers utilizing original equipment manufacturer (OEM) drawings and specifications for mills and kilns purchased through Metso and certain other end users.
