We all know that gold is not always used for monetary purposes or in jewellery. What most of us may have never imaged, however, is to find gold in one of the following quite unusual products launched this year.
Greenland’s treasure trove of rare earth metals, the largest deposit outside of China, cannot be mined because the elements are connected to restricted radioactive materials.
Gold miner Randgold Resources (NASDAQ:GOLD, LON:RRS)) cut its production guidance for its Tongon mine in Ivory Coast after a fire in the mill section of a plant.
Groundwater leaks from shore into the ocean floor itself and experts are trying to figure out the implications of this for the supply of fresh water on land and aquatic life.
Despite the recent drops in gold prices, David Rosenberg, the chief economist and strategist at Gluskin Sheff and former Chief North American Economist at Bank of America Merrill Lynch, is bullish about the precious metal.
The mining town of Tabubil, in Papua New Guinea, is facing the closure of the nearby Ok Tedi copper mine, an operation that currently employs nearly 2,000 people, most of them locals.
Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2 million tonnes.
After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s main producer of platinum and chrome.
