Posts Tagged ‘mining news’

A £50-million diamond and platinum skull by the once notorious Damien Hurst will be featured in a retrospective of the artist this summer in London. The sculpture, For the Love of God, is a platinum cast of a human skull inlaid with 8,601 diamonds. The skull was sold for £50-million to a consortium of buyers, including Hurst himself. Full story

Peter Grandich believes that we're in the midst of a stealth gold bull market and is now predicting gold to top $2,350/oz. Interview with The Gold Report. Full story

The mining industry in Nevada is becoming a catalyst for an employment revival. Foxreno.com reports the Nevada Mining Association estimates the industry will add 1200 jobs this year in precious and industrial mineral production. Full story

} NEW YORK, Feb. 10 (UPI) -- The price of gold dropped $19.60 an ounce in New York Friday, putting prices in negative territory for the week Full story

5 Reasons Gold Will Rise In 2012 Forbes Staff 5 images Photos: Four Ways To Invest In Gold The following is a guest post by Malcolm Gissen, co-manager of The Encompass Fund. In the second half of 2011, investors in gold commodities suffered mightily.... Full story

This wasnt the Eureka moment he banked on. A man who state and local officials say is running a massive illegal gold-mining operation in California's Sierra Nevada surrendered Thursday to face 14 criminal charges of operating without permits and polluting... Full story

With the gap between platinum and gold prices narrowing is now the time to invest in platinum ETFs. Article looks at some of the ETF options available. Full story

Source: livemint.comChina disclosed on Friday that it had secretly raised its gold reserves by three-quarters since 2003, increasing its holdings to 1,054 tonnes and confirming years of speculation it had been buying. Hu Xiaolian, head of the State... Full story

FLSmidth has been awarded a contract worth approximately $82 million from the company Allied Nevada Gold to supply equipment and services for its major Hycroft gold mine expansion. Hycroft is located about 200 km north-east of Reno, Nevada. Full story

Forexpros -  Gold futures slipped lower Thursday, as Greek leaders agreed on an austerity package and U.S. employment numbers provided a bullish surprise for risk assets. Full story