By Cecilia Jamasmie Several lawmakers in the United States are now considering making gold and silver coins legal tender amid fears that the Federal … [Read more...]
U.S. closer to have gold as legal tender: report
Afghanistan mineral deposits estimated at $1 trillion
By Kerry Hall Afghanistan could be sitting on mineral deposits worth $1 trillion according to US estimates, reports Al Jazeera. The deposits are … [Read more...]
Transition Metals ties up with Sudbury's private HTX Minerals
By MINING.com News Transition Metals (TSX-V: XTM) announced on Monday it hat signed a definitive agreement to acquire fellow project generator, HTX … [Read more...]
Mining companies that invest intelligently now will be rewarded
By Anthony Halley Despite weak short term demand and tough global economic conditions, long term supply constraints remain, which will lead … [Read more...]
Astronomers find promising evidence of dark matter while U.S. team looks in former gold mine
By Cecilia Jamasmie Researchers have found new evidence that might support the presence of the so-called dark matter. According to theory, the … [Read more...]
Experts face off about Canada's mining reputation
By Kerry Hall Canadian miners are a dominant force internationally and recently have come under fire from citizens in various countries. In a … [Read more...]
Chile’s Codelco resumes shipments but faces nationwide strike
By Cecilia Jamasmie Copper climbed 1.2% to $3.383 a pound in New York Monday on Monday morning, the highest price in almost a month, as several … [Read more...]
Australian merger will create mid-tier gold producer
By Kerry Hall Australia's Southern Cross Goldfields (ASX: SXG) and Polymetals Mining (ASX: PLY) plan to merge, reports the Sydney Morning … [Read more...]
Gold is volatile and unsafe says Soros
By Michael Allan McCrae Legendary financier George Soros told the South China Morning Post that gold disappointed after going down with everything … [Read more...]
Market correcting, metals in limbo
By Warren Bevan - Precious Metal Stock Review If you’ve been reading my work in 2013 at all you know I’ve been looking for a move lower in both gold … [Read more...]
Hey SocGen, gold is a currency and not a commodity
By Michael Allan McCrae Eric Sprott pushed back on the Société Générale's report that gold was in a bubble and would slide to$1375/oz by year's … [Read more...]
Gold at mid-$1,800s by year end: Thomson Reuters GFMS
By Michael Allan McCrae Lack of confidence in the US economy will push gold to mid-$1,800s by year end, says Thomson Reuters GFMS that launched its … [Read more...]
Experts survey points to higher gold prices next week
By Anthony Halley Despite losses this past week that saw the price of gold dip to 10-month lows, 23 out of 29 gold dealers, investment banks, … [Read more...]
INFOGRAPHIC: Bitcoin a new monetary era
By Cecilia Jamasmie Everyone seems to be talking about Bitcoin these days. The encrypted virtual currency that began in 2009 and reached $1 billion … [Read more...]
Asia's fierce competition for commodities
By Anthony Halley Competition for natural resources among Asian nations continues to intensify, bringing the world's most resource-poor continent to … [Read more...]
Chile’s port strikes hitting fruit more than copper: experts
By Cecilia Jamasmie The series of fast-spreading port strikes in Chile, ignited by the top copper union mid-March, has started to also affect … [Read more...]
Italian police seize 12 gold bars at Swiss border
By Kerry Hall Italian border police seized about $6 million worth of gold bars from a family returning to their home in Switzerland on Easter … [Read more...]
Gold price suffers third day of losses to touch 10-month low
By Frik Els The gold price suffered a third straight decline on Wednesday, sliding to a fresh 10-month low after comments from Fed officials … [Read more...]
Stunning $1.5 million gold dress to debut at the MTV Movie Awards
By Cecilia Jamasmie It seems that fashion and food do meet from time to time. In this case, a new golden ice cream bar inspired “Project Runway” … [Read more...]
The earth's crust is lazy: geoscientist study
By Anthony Halley The earth's crust likes to minimize its work when forming new fault lines, according to a recent study in the Journal of … [Read more...]
Russia's two largest gold producers turn in divergent 2012 results
By Vladimir Basov Polyus Gold International Limited (LSE: PGIL), the largest gold producer in Russia, achieved a stunning 71% increase in net … [Read more...]
Canadian mining under fire at home and abroad
By Anthony Halley Canada's mining sector failed to book a single IPO in the first quarter of 2013, financing for junior miners continues to dry up, … [Read more...]
Reagan budget director gnashes teeth about dropping gold standard, economists pile on
By Michael Allan McCrae David Stockman's big column last week about debt trouble in the USA took several hits by notable economists and opinion … [Read more...]
Gold price drops to 9-month low as ETF investors run for exits
By Frik Els The gold price dropped another $25 on Wednesday, a second day of steep losses, bringing the yellow metal within shouting distance of a … [Read more...]
Newmont mulls taking investment for its Peru’s Conga mine elsewhere
By Cecilia Jamasmie The world's number two gold producer, Newmont Mining (NYSE: NEM), said it remains committed to resuming its $4.8 billion … [Read more...]
Over $60,000 worth of copper wire stolen in Utah leaves highway in the dark
By Cecilia Jamasmie A rash of perilous copper thefts from live power lines is spreading in the U.S., with the state of Utah alone suffering the … [Read more...]
INFOGRAPHIC: Mining your iPhone
By MINING.com Editor Engineering experts over at 911 Metallurgist, with some help from the designers at Neomammalian Studios, break down the innards … [Read more...]
Giant Mine to cost billions to cleanup and look after for thousands of years
By Jack Caldwell The news wires are alive with reports of a billion dollar estimate for remediating the Giant Mine in Yellowknife, Northwest … [Read more...]
The end of the gold era: SocGen report
By Anthony Halley A team of Societe Generale analysts led by Patrick Legland released a report today entitled, "The End Of The Gold Era," claiming … [Read more...]
Fresh delays hit Glencore-Xstrata $76 billion mega merger
By Cecilia Jamasmie The closing of Glencore’s (LON:GLEN) $76 billion mega merger with diversified miner Xstrata (LON:XTA) has been delayed again due … [Read more...]