A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
Mike Obel
Aug 28, 2011
A beautiful evening at the BMI Urban award function saw best of performances by the rappers and hip-hop stars. The event was hosted by BMI President & CEO Del Bryant and Catherine Brewton, Vice President, Writer/Publisher Relations, Atlanta.
Drishya Nair
Aug 28, 2011
Vivian Cheruiyot won gold in the women's 10,000 meters on Saturday as Kenya swept the first four places at the athletics world championships in Daegu, South Korea.
keep for now
Aug 27, 2011
World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.
Mike Obel
Aug 27, 2011
Everyone's heard about the Bahamas, but here's a look at the Bahamas not everyone knows about.
IBT Staff Reporter
Aug 26, 2011
Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
Jack Kim
Aug 26, 2011
Gold rose Friday nearly 2 percent after the head of the U.S. central bank, in a closely analyzed speech, declined to signal more money printing as a way energize the moribund U.S. economy.
Mike Obel
Aug 26, 2011
China's Lion Fund Management Co will launch next week the country's first mutual fund that invests in overseas oil and gas-related assets, as Chinese money managers step up innovation to woo investors haunted by inflation concerns.
Wenwen Meng
Aug 26, 2011
Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
Wenwen Meng
Aug 26, 2011
Shares of major gold mining companies fell Friday in midday trading, after the head of the U.S. central bank used a closely-watched speech to indicate that the Federal Reserve had no immediate plans to stimulate the lagging economy with another round of bond buying.
Mike Obel
Aug 26, 2011
As most of the Eastern Seaboard prepares for Hurricane Irene, many travelers will be cutting trips short, returning home early or not going at all. For those who bought travel insurance, here's what you can expect to be covered.
IBT Staff Reporter
Aug 26, 2011
Stocks rose Friday after Fed Chairman Ben Bernanke used a closely-followed speech to express optimism about the U.S. economic recovery but offer no hint that the central bank would intervene, as it did after his last such talk.
Mike Obel
Aug 26, 2011
Fed Chairman Ben Bernanke's speech Friday at a closely watched meeting in Jackson Hole, Wyo.,
Mike Obel
Aug 26, 2011
Gold and silver rose Friday in electronic trading as investors returned to the precious metals on concerns over soverign debt worries on both sides of the Atlantic, weakness in the banking sector and sluggish growth in the U.S. and Europe.
Mike Obel
Aug 26, 2011
Tiffany & Co., the iconic jewelry store chain, said Friday net earnings for the three months ended in July jumped 33 percent as stronger global sales offset higher expenses and the company raised its full-year outlook.
Mike Obel
Aug 26, 2011
Workers at Freeport McMoRan Copper & Gold's Grasberg mine in Indonesia plan to stage a strike in coming days after talks with the company failed to resolve a pay dispute , a move that could tighten global copper supplies and lift prices.
Mike Obel
Aug 26, 2011
This year's heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the safe havens they are billed as.
Mike Obel
Aug 26, 2011
Russia's central bank will offer gold-backed loans for up to 90 days at an interest rate of 7 percent, it said in a statement on Friday, expanding its lending facilities for dealing with any future liquidity crunch in the banking system.
Mike Obel
Aug 26, 2011
Gold prices arrested this week's slide on Friday to rise nearly 1 percent ahead of a speech from Federal Reserve chairman Ben Bernanke in Jackson Hole, Wyoming, later, which will be closely watched for hints on the outlook for Fed monetary policy.
Mike Obel
Aug 26, 2011
Spot gold was steady on Friday, but was likely to register its first weekly drop after seven straight weeks of gains as investors awaited a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day.
Mike Obel
Aug 26, 2011
This year's heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the safe havens they are claimed to be.
IBT Staff Reporter
Aug 26, 2011
Spot gold lost 0.4 percent Friday, on course for its first weekly drop after seven straight weeks of gains, as investors awaited a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day.
Eric Linton
Aug 26, 2011