GOLD

Afton-Ajax Needs $795M in Investments - Study

Afton-Ajax Copper-Gold Mine
KGHM, Europe's No.2 copper producer, and Abacus Mining will need to invest $795 million in their joint Canadian copper and gold project Afton-Ajax, according to a feasibility study cited by KGHM on Wednesday.

'Hobbit' Trailer Decoded: 7 Things We Learned about LOTR Movie [VIDEOS]

Gandalf the Grey
If the teaser trailer for The Hobbit: An Unexpected Journey is an indication, the newest addition to Jackson's Lord of the Rings movies will be both a commercial success and a fantasy nerd's dream. From more Tolkien songs and new characters to our first glimpses of Bilbo, Smaug and Thorin Oakenshield, here's what we learned from the new trailer.
Europe's Markets

Europe's Markets Pare Gains Wednesday at Mid-Day Following ECB Intervention

Europe's banks borrowed nearly €490 billion or $637 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis. On Wednesday at mid-day, London's FTSE 100 was down 25 points to 5,393, Germany's DAX was down 29 points to 5,819, and France's CAC 40 was off 22 points to 3,033.
More news
Gold sculpture in a Chow Tai Fook store

Gold, Silver Surge on Housing Data

Gold prices rose Tuesday with other commodities and global equities on unexpected signs the U.S. housing market is turning around and continued improvement in the Eurozone.
Oyu Tolgo Copper-Gold Mine Workers

Gold, Silver Miners' Shares Soar

Shares of gold and silver miners soared Tuesday after a surprisingly strong U.S. housing report sparked a global move toward risky assets that lifted equities, commodities and the euro.
IBTimes Logo

Gold Found to Boost Solar Cell Efficiency - Study

A layer of gold nanodots on the surface of indium-tin oxide (ITO) coated glass may improve the efficiency of organic photovoltaic cells, according to new research published in the journal, Gold Bulletin.
220 kg block of gold

Indian Gold Buying Down as Rupee Weakens

Gold prices in India, the world's top buyer, edged higher on Tuesday on a weak rupee and recovery in the world market, although the upside further discouraged buying, dealers said.
IBTimes Logo

Crocodile Adopts 'Poison Pill, Offers Maud Creek Update

Australia-focused Crocodile Gold Corp., which is in the middle of an unsolicited takeover offer, said Tuesday a new study estimates its Maud Creek Deposit holds inferred resources of 1,072,000 ounces of gold at 2.4 gram per ton.
Gold pellets

Gold Rises 1%, Silver up 2% on U.S., German Data

Gold prices rose more than 1 percent and silver popped nearly 2 percent Tuesday on fresh evidence the struggling U.S. housing industry is recovering plus rising German business sentiment that boosted investors' risk appetite.
Ron Paul

Ron Paul is a Pirate

Ron Paul's has emerged as the new GOP frontrunner in Iowa with a not-Mitt tag. But political pundits and voters should pay greater heed to his sudden rise. The anyone but Romney title downplays Paul's emergence, writing him off as just the latest in a string of candidates-du-jour. But Ron Paul is more than a fling.
Man is reflected on an electronic board displaying stock prices outside a brokerage in Tokyo

Asia Stocks and Euro Edge up After Selloff

Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.
Silver bars

Silver, Palladium Fall but Gold Stays Near $1,600

Prices for silver and palladium, the two precious metals with the most industrial applications, fell Monday on growing evidence of weakening demand from China and a possible recession in Europe.
IBTimes Logo

Technical Issues Delay Grasberg Workers Return

Striking workers at Freeport McMoRan Copper & Gold Inc's giant Indonesian mine delayed on Saturday until next week a plan to go back to work after a three-month strike because of technical issues, a union spokesman said.
IBTimes Logo

Peru's Pres. Slips in Polls after Mine Protests

Peruvian President Ollanta Humala's approval rating fell for the third straight month in December to 47 percent after fierce protests against a mining project sparked his government's first crisis, pollster Ipsos Apoyo said on Sunday.
Gold bars in Oegussa Plant, Austria

Gold Going beneath $1,500 in Next 3 Months - Poll

Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders.

Pages

  • MOST READ

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.