Posts Tagged ‘world’

A lingering dispute has led to the Union halting the work return at one of the world's largest copper and gold mining operations after the 3-month striket there Full story

On November 30, Eric Sprott, chairman of Sprott Inc. Full story

Red has been the color of choice for gold and silver this week.  On Wednesday, gold fell below $1,600 to close at its lowest level since September.  Meanwhile, silver fell below its $30 support level.  Although many were quick to declare the bull market in precious metals dead, many investors questioned the call, because the long-term fundamentals have not changed. Investing in precious metals ... Full story

According to a letter from UBS's investment chief, as the world enters 2012 neither the yellow metal nor the currency will provide investors with safe harbour. Full story

Gold Fields Ltd., one of the world’s top gold producers, is exploring the possibility of acquiring the Mankayan copper-gold project in Benguet for $70 million. This would expand the South African mining giant’s investment in the province’s... Full story

Bloomberg reports carmakers will use a record 3.82 million ounces or $7 billion of platinum in catalytic converters next year – 17% more than this year – diminishing oversupply to 81,000 ounces from 295,000 ounces. Helped by the first contraction in mine output – albeit a slight 1% – since 2008 according to Barclays Capital, prices will average $1,845 an ounce in the fourth ... Full story

Investment gurus Jim Rogers and Marc Faber in recent interviews seem to agree on the dynamics in the gold market. Rogers says he’s not selling his gold and Faber says there is no bubble Full story

A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it Full story

Peru has a rich precious metals history. This diverse Andean nation, once a victim of Spanish looting, is now the largest silver producer in the world, the second largest copper and zinc producer and the sixth largest gold producer. Full story

Gold continues to rise as European debt worries linger on in the financial markets.  On Monday, gold and silver both climbed higher as the true sentiment about gold was revealed by Germany.  As I write, gold is closing in on $1800, while silver is nearing $35.  Although there are many rumors flying out of Europe regarding possible solutions, there is one topic that is not ... Full story