Barclays CEO Bob Diamond quits amid interest-rate rigging scandal
Shortly after the announcement, Barclays’ newly appointed chief operating officer, Jerry del Missier, also resigned.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
The newest and hottest gold investment: a $1 million vacuum cleaner
US vacuum manufacturer GoVacuum has produced what the company claimed to be the world’s most expensive vacuum cleaner, plated with 24K gold.
SEC sets date for long-awaited vote on ‘conflict minerals’ rules
The US Securities and Exchange Commission will vote in August on controversial rules requiring extensive reporting from companies using ‘conflict minerals’ in the Democratic Republic of Congo.
Opposition victory in Mongolia vote promises greater share of mining profits for citizens
The opposition Democratic Party declared victory in yesterday’s parliamentary elections over Mongolia’s ruling party in a highly disputed election that focused on how to better share profits from a conflict-ridden mining industry.
Two South American Silver engineers kidnapped in Bolivia
Locals from the Bolivian Andean region have kidnapped two engineers of Canadian South American Silver and are demanding the immediate release of their leader.
‘King of diamonds’ Leviev wins court dispute over Angolan assets
Billionaire Arkady Gaydamak has lost a court bid to reclaim hundred of millions unpaid commissions and dividends from "king of diamonds" in a battle over Angolan assets.
Rockwell reports Q1 diamond sales of $5.9 million
Diamond mining company Rockwell Diamonds reported on Wednesday that its diamond sales for the first quarter of its 2013 financial year reached 6 234 ct and generated $5.9 million.
Centerra Gold’s shares tumble as director resigns
Shares of Centerra Gold fell 16% by midday after an announcement that one of its directors had quit.
Brazil grants Vale license to expand world’s largest iron ore venture
Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s largest iron ore mine.
Guatemala seeks 40% stake of all mining companies
Like most of Latin America, Guatemala is to increase control over natural resources, with President Otto Perez Molina proposing a Constitutional reform that will make possible for the for the government to acquire up to 40% of the mining and exploration companies operating in the country.
The Northern Miner launches the Goldquest Challenge — and you could win a trip to Vancouver!
Calling all international students with a curiosity for gold, mining, and a little adventure.
