GOLD

U.S. Stocks Fall Following Loss of Hope at EU summit

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US stocks fell and the euro edged lower on Wednesday as a consequence of fading optimism about European leaders to make considerable advancement to resolve the euro zone debt crisis at their summit meeting this weekend.
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Taseko Mines' Plan for Gold Mine in BC Draws Fire

If Taseko Mines presses ahead with a plan to build a mine on aboriginal lands in British Columbia it could harm the Canadian province's plans to expand the mining sector, a native leader said on Wednesday.
Gold pellets

Gold Eases Fractionally, Euro Sentiment Up

Gold eased on Wednesday as growing hopes of a resolution to the Eurozone debt crisis persuaded investors to shrug off a downgrade to Spain's credit rating and buy riskier assets such as equities.
Agnico suspends Quebec mine operations; stock down

Agnico Suspends Quebec Mine operations; Stock Down

Agnico-Eagle is indefinitely suspending operations at its Goldex mine in Val d'Or, Quebec, because of water inflow and ground instability, the company said on Wednesday, sending its shares sharply lower.
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Endeavour Silver Expands Chilean Operations

Endeavour Silver Corp. acquired an option to purchase the Lomas Bayas silver-gold property in the Copiapo region of northern Chile for an undisclosed price.
Tanzania

Tanzania to Raise Royalty Payments on Gold Exports

Tanzania plans to raise royalty payments on exports of gold by the end of this year as it seeks to restructure the mining sector, Minerals and Energy Minister William Ngeleja said Wednesday.
Gold coins

Gold Steady as Investors Await Weekend Summit

Gold prices held steady on Wednesday, shrugging off the downgrade of Spain's sovereign credit rating, as investors wait for clarity on Europe's plans to tackle the debt crisis at this weekend's European Union summit.
A visitor walks past a sign of the Tokyo Stock Exchange at the TSE in Tokyo

European Stock Futures Rise Despite Moody's Spain Cut

European stock index futures jumped on Wednesday, tracking a rise in Asian shares, but a cut to Spain's sovereign credit rating from Moody's Investors Service kept investors' risk appetite in check.
Rocky Horror Picture Show

Rocky Horror Picture Show Costumes: DIY Ideas for Halloween 2011

It's Halloween 2011, and for some that only means one thing: Rocky Horror Picture Show. For those looking to be Janet or Dr. Frank N Furter for Halloween this year, here's a step-by-step guide to making your Rocky Horror costume at home, complete with what to buy and how to pull the DIY costume idea together.
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UN draft resolution would hit Eritrea mining

Mining companies would be banned from investing in Eritrea's potentially booming minerals sector under a draft U.N. resolution that Security Council members are due to start negotiating on Tuesday.
Molten gold

Gold Plunging More Than 2%, May Fall Most in 2 Weeks

Gold was set for its largest one-day fall in two weeks on Tuesday after U.S. bank Goldman Sachs reported a quarterly loss, which coupled with evidence of slowing Chinese growth and mounting Eurozone concerns, lifted the dollar.
Kazakhstan

Kazakhstan Boosting Gold Reserves in Case of Financial Crisis

Kazakhstan, the second-largest ex-Soviet economy and oil producer after Russia, has enough reserves to weather a new wave of financial crisis and keep its currency stable, the National Bank governor told Reuters Insider TV.
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Alaska Locals Block Development of Gold, Copper Mine

Voters in a sparsely populated district of rural Alaska have narrowly passed a ballot initiative that could block development of the controversial Pebble Mine, local officials said late Monday.

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