GOLD

Gold Prices Rise for Fourth Straight Day

Gold prices headed for a fourth consecutive daily gain Wednesday as investors returned to the yellow metal for protection from the ongoing risks to the European economy and weakness in the U.S. economy.

Sweets in Demand Despite Silver Price Rise

Sweet
An increase in the price of edible silver leaf has not deterred confectioners from presenting sweets rolled in fine sheets of silver called varq, during the long festive season that ends with Diwali celebrations this week.
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A man walks past a stock quotation board outside a brokerage in Tokyo

Asian Shares Dip on Concern Before EU Summit

Asian shares declined on Wednesday ahead of a key meeting of European policymakers later in the session, with concerns heightening that the outcome to contain Europe's sovereign debt crisis could fall short of expectations.
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Asian Markets Down on Europe Worries

Asian shares declined Wednesday ahead of a key meeting of European policymakers later in the session, as investors feared the effort to contain Europe's sovereign debt crisis could fall short.
May

Scary Movies for Halloween 2011: 13 Underrated Horror Films [VIDEO]

As Oct. 31 gets closer, many Halloween movie lists end up churning out the same old films, movies that may be classics but have worn out both your fear factor and your DVD player. Here, count down our 13 best underrated horror films, from the original version of The Wicker Man to little known movies like May and werewolf film Ginger Snaps.
Michael Lohan waits outside the Beverly Hills Courthouse after his daughter Lindsay was denied bail and sent to jail in Beverly Hills, California

Lindsay Lohan's father jailed in Florida

Actress Lindsay Lohan's father Michael Lohan was jailed in Florida on Tuesday on a domestic battery charge after his girlfriend accused him of threatening to throw her off a balcony, police said.
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Newmont Mining Faces Opposition to Peruvian Mine

Townspeople in northern Peru are demanding an end to construction of the $4.8 billion Minas Conga gold mine because they fear it will threaten local water supplies, residents said on Tuesday.
SX edges higher as gold rallies

TSX edges higher as gold rallies

Toronto's main stock index turned higher on Tuesday morning, hitting a one-month peak and reversing steep losses in volatile trade as gold prices rallied following grim U.S. consumer confidence data.

IMF Suggests Ghana Raise Taxes on Miners

The International Monetary Fund told officials of Ghana, Africa's second-largest gold producer, that they should consider hiking taxes on the mining sector to boost revenue.
London-listed company African Minerals recently achieved a remarkable milestone with its shipment of a first batch of iron ore from its mine in central Sierra Leone, the country’s first export of the commodity after almost 30 years. The 40,000 metric ton

Drought, mining doubts hit Mauritania economy: IMF

Mauritania's current economic growth rate is not high enough to significantly dent poverty and the country will next year face the twin challenge of drought and uncertainty over mining revenues, the International Monetary Fund said.
Mineworkers

Canadian firm signs JV to develop Tanzania gold mine

Tanzanian Royalty Exploration (TNX.TO), a Toronto-listed metals explorer, on Tuesday signed a joint venture agreement with the Tanzanian government to develop a $280 million gold mine in the east African country.
Gold pellets

Gold Prices Shoot Higher as Brussels Meeting Nears

Gold and silver prices rose more than two percent Tuesday on rising fear that European leaders will be unable to produce a viable rescue plan for the continent's banks, or its staggering southern periphery.
Gold bars

Eurasian Development Bank to Lend $100M to Gold Miner

The Eurasian Development Bank, a state-run joint venture between six former Soviet republics, has agreed to lend about $100 million to a Kazakh gold miner to help boost output of the precious metal in the Central Asian country.

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