September 29, 2012

Gold favours slow burn over surge after Fed easing

The Federal Reserve's multi-billion dollar, open-ended monetary easing pledge is being hailed as the catalyst for another crack at record highs in gold, but its failure to spark a high-octane…

September 29, 2012

Fifty years of potash mining

They were looking for oil, but they found something even better.

September 29, 2012

U.S. Labor Department announces $1.15 million Crandall Canyon disaster settlement

A settlement in the "tragedy that should have never happened" is awaiting final approval by a federal judge.

September 29, 2012

Barclays opened precious metals vault in London

British bank Barclays opened its first precious metals vault on the outskirts of London that caters to institutional investors, sovereign-wealth funds, central banks and commercial banks.

September 29, 2012

$500,000 diamond shoes for a sharp dresser

If you have wanted to be Cinderella, Kiwi shoe designer Kathryn Wilson can make it happen, but you'll need a spare $500,000 or so.

September 29, 2012

Ancient Buddhist statue found in Tibet carved from meteorite

A Buddha statue looted by Nazis in Tibet in the 1930s was carved from the Chinga meteorite, which crashed to the Earth 15,000 years ago, revealed Elmar Buchner of the…

September 29, 2012

Rio Tinto unveils $5.5 million necklace made with its Argyle diamonds

Rio Tinto’s Argyle pink diamonds have been combined for the first time with imperial jade in a piece of jewellery. The necklace, known as The Argyle Empress, was designed by…

September 29, 2012

Over $2 million in gold and gems stolen from US museum

About $2 million worth of gold nuggets and precious gems were stolen Friday afternoon from the Californian Mariposa Mining and Mineral Museum.

September 29, 2012

Toyota tries on the mining helmet: buys lithium deposit in Argentina

Toyota, one of the leading automakers in the world, bought this week a 25% stake in Salar de Olaroz lithium and potassium project in Argentina to ensure supply for it…

September 29, 2012

Latin America poised to become uranium superpower

Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions…