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Sources close to the matter say some 15 firms have expressed interest in running the new London gold benchmark.
Belgian authorities seized the gems awaiting an auction in Antwerp following a dispute with Amari Holdings over a lost concession.
Demand was boosted by India and China as well as an economic recovery in the United States, says De Beers.
China plans to restrict the import and local sale of heavy-polluting coal types from January next year.
Kinross CEO insists strong relationships with Russian officials at the highest level would protect its gold operations from expropriation.
The $3 billion deal is the single biggest investment in the country since independence in 1980.
Uranium has entered a bull market, amid new sanctions against Russia and a labour strike at the world’s biggest mine in Canada.
Sandvik chose the recent SteinExpo exhibition to unveil the latest version of its Pantera top hammer surface drill rig.
Mark O’Byrne, director at GoldCore in Dublin, says Scottish demand for gold as a protection of wealth has increased so far this month.
The gold miner’s shares have been volatile this year, reacting sharply on the refinancing.
The rare blue diamond sold for $27.6 million, falling short of some analysts’ expectations.
The ability of London to reflect a price that reflects the bulk of global demand/supply is diminishing, says Julian Phillips of the Gold Forecaster in his daily gold price column.
The joint venture with East West Gem Investments Ltd. will operate via three Sri Lankan subsidiaries.
A source close to the matter says a panel studying new taxes on mining firms will soften its recommendations in its final report.
China’s Shandong Xinfa is in talks with Guinea to invest $14 billion in the bauxite concession north of Conakry.
Speakers at a uranium seminar in London were all in agreement that uranium prices will rise, but only in the medium to long term.
The rights issue is part of a $774 million capital raising to fund investment and reduce its heavy debt load.
Weaker metals prices and an investor backlash over the scale of investment have forced miners to slash spending.
AngloGold Ashanti has announced a plan to demerge its South African and international gold mining operations with the formation of a new company.
Chuck Jeannes has commented on 'Peak gold' and on the impact of a much lower gold price on his company’s future seen as providing opportunity rather than disaster.
The 60-day historical volatility was near 11 today, after dropping to 10.94 on Sept. 5, the lowest since June 2005, shows Bloomberg data.
The find is Petra's largest of a white diamond since it unearthed the 507-carat Cullinan Heritage diamond in 2009.
Emergency teams reached the body of the last victim on Sunday night, after digging for 80 hours through tight underground corridors.
A decision to break away from the UK when Scotland's voters go to the polls will be followed by talks with London over a raft of assets.
The London Bullion Market Association has notified the exchange that its members will no longer supply price data for forward curves.
The miners were killed after an earthquake triggered a collapse at the central Raspotocje coal mine last week.
Prime Minister Donald Tusk reported Friday the government is discussing consolidating the country's coal mining sector.
The latest gold withdrawal figures from the SGE suggest that wholesale Chinese gold demand may be picking up again well after a run of several poor months.
CRU is positive on prices for the major base metals but is much more sanguine on price prospects for bulks and on precious metals over the next 3-4 years.
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