November 12, 2015

India’s appetite for gold takes global demand to two-year high

While Indian consumer demand jumped 13% to 268 tons, the World Gold Council warns the outlook for the fourth quarter is “muted.”

November 12, 2015

Anglo reshuffles top management team, waves iron ore boss good-bye

With the changes, Anglo’s chief Mark Cutifani is trying to turn around the company’s fortunes following years during which it has underperformed its peers.

November 12, 2015

US Congress grants citizens rights to own asteroid-mined riches

Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.

November 12, 2015

Canadian Oil Sands accuses Suncor of paying brokers to win takeover bid

Suncor, Canada's dominant oil sands player, telling COS shareholders the firm has a record of “underperformance, financial challenges,” and vulnerability to low oil prices.

November 12, 2015

Barrick Gold sells four US mines for $720 million

The move would help the miner meet its ambitious target for reducing its $13 billion debt by $3 billion before year-end.

November 12, 2015

Current uranium market fundamentals strong – future is even brighter

With Japan finally restarting some of its nuclear reactor fleet (two reactors have come online since August) and China continuing its breakneck reactor build-out (with 29 reactors in operation and…

November 10, 2015

Nazi ‘gold train’ treasure hunters to scan site of alleged finding

The treasure-hunting pair is focusing only on non-invasive testing at the moment.

November 10, 2015

Peabody Energy to disclose more climate risks to investors

Peabody’s concessions came in response to a probe that found the company had not been forthright with investors and regulators about threats to its business.

November 10, 2015

Poland may stop producing coal until at least 2018

The new government is considering to stop production at several of its mines until at least 2018 in an effort to help prices by reducing a global oversupply.

November 10, 2015

Collectors and connoisseurs shine at Rio Tinto’s Argyle Pink Diamonds Tender

The Argyle Pink Diamonds Tender, known as the ‘Connoisseurs Collection” weighing a total of 44.14 carats and including four Fancy Red diamonds, was internationally popular with winners from 11 countries.