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SYDNEY Aug 29 (Reuters) – Australian prospectors are combing old mines for more gold as bullion prices rise, driving production to its highest level in more than six years, consultant Surbiton Associates said. “We are experiencing an extended period of …
China wants to buy gold mines rather than IMF Gold. The Reason? Gold Mines are safer! A top industry offical from the China Gold Association told The China daily back in February that the chinese purchase of IMF bullion would cause market speculation a …
MF Global reported today that it expects gold to reach $1540 per ounce within weeks while silver moves to near $50 an ounce. Download the report directly: Download MF Report for April 25th, 2001 …
Editors Note: This author is right on about the future of gold prices. With uncertainty in the economy and world currencies collapsing it is quite evident by now why gold is a great investment in the future, not cash, not banks, not stocks, bonds, or r …
A magnet at the heart of high-tech products such as cell phones and hybrid cars relies upon an increasingly scarce supply of the rare earth element known as neodymium. Now one of the original inventors of that magnet hopes to create a new generation of …
Copper prices take a breather following Tuesday’s 19-month high SAN FRANCISCO (MarketWatch) — Gold futures ended higher Wednesday as the dollar fell and as analysts cited physical demand for the precious metal, softening a monthly loss and helping gol …
Are you still holding cash?Unlike the “legitimate bull markets” of many foreign markets, Peter Schiff believes the U.S. is merely experiencing a “rally in a bear market,” and is lagging the rest of the world “for a reason.” The worst is not over, accor …
Global gold demand is expected to recover in 2010 after a fall last year, helped by a pick-up in jewellery demand and firm investment demand, a senior official at the World Gold Council said. “I would expect to see a plus sign at the end of the year,” …
This 7 pound gold nugget was found last year in Nevada County, California Largest existing gold nugget sells at auction for $400,000 (CNN) — Gold is always worth its weight in, well, itself. Sometimes, it’s worth even more. A gold nugget, weighing 100 …
China supplies most of the rare earth minerals found in technologies such as hybrid cars, wind turbines, computer hard drives and cell phones, but the U.S. has its own largely untapped reserves that could safeguard future tech innovation. Those reserve …
NEWS RELEASE – The Society for Mining, Metallurgy and Exploration Inc., (SME)And EduMine Actively Explore Joint Online Learning Program The Society for Mining, Metallurgy, and Exploration (SME) has signed a letter of intent to move forward with a worki …
Plans for a $9bn listing of Siberian Coal Energy Company (Suek) could trigger other mine listings, according to UK newspaper The Independent. The listing on the London Stock Exchange has been revived by its owners, Russian billionaires Andrey Melnichen …
Perth-based explorer Beadell Resources (ASX: BDR) has confirmed a major new gold discovery within the Tartaruga Project in Brazil. In a statement, the company revealed that additional face sampling rock chip results included 192.6 g/t gold, 105.4 g/t g …
The United States Mint has depleted its inventory of 2009 American Buffalo One Ounce Gold Bullion Coins. … No additional inventory will be made available. As additional information becomes available regarding 2010-dated American Buffalo One Once Gold …
Fake Gold Bars The biggest gold crime story of the century might be soon coming to full light. Evidence is being accumulating that the Clinton admin with Rubin at U.S. Department treasury replaced perhaps the entire contents of the Fort Knox gold with …
NEW YORK/LONDON — Gold prices hit record highs above US$1,190 an ounce Wednesday as the dollar fell sharply and the market expected central banks from emerging economies to keep buying bullion from the International Monetary Fund. Gold prices have ris …
Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world’s top producer Barrick Gold. Aaron Regent, president of the Canadian …
The International Monetary Fund announced on Monday the sale of 200 tonnes of gold to India’s central bank, nearly half the amount targeted for sale over the coming years to shore up IMF finances. The International Monetary Fund announced on Monday the …
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