November 9, 2014

Swiss UBS faces fine over alleged precious metals trading wrongdoing

The bank, which is the world’s largest private lender, is also expected to announce an agreement regarding alleged collusion and manipulation in the foreign exchange market.

November 9, 2014

BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

November 9, 2014

Zimbabwe mulls ending tax on diamonds

As part of a set of planned measures to stimulate production and attract investment in the sector.

November 9, 2014

Mining suppliers create more jobs than mining, report says

The sector created 40,960 direct and 27,471 indirect jobs in 2011, paying $4.6 billion in salaries.

November 8, 2014

Apple’s new 18k gold watch may wipe out your bank account

Not quite, but it would cost you between $4,000 and $5,000.

November 8, 2014

Gold bug psychology must be neutered

The precious metals bear market has been all about psychology. The intensity of this dynamic has been something to behold in the gold sector over these last few years.

November 7, 2014

Gold price rallies as safe haven buying returns

Gold price up more than 3% in massive volume on slightly weaker than expected US jobs data and Putin's Nazi comments.

November 7, 2014

Goldcorp working on new plan for El Morro project in Chile

The move comes as Chile's Supreme Court halted the $3.9 billion gold and copper project last month.

November 7, 2014

SEC probes Joy Global over acquisition of Chinese firm

The SEC is looking into Joy's acquisition of International Mining Machinery Holdings Ltd of China for about $1 billion and related accounting matters.

November 7, 2014

ICE wins race to run the London gold fix

Bids and offers will be published in real time and the price updated every 30 seconds.