Morgan Stanley, the sixth-largest U.S. bank by assets, is close to seal a $1 billion deal with the Qatar Investment Authority to sell its commodities business.
Gold and silver junior Eco Oro Minerals said it will to appeal a ruling by a Colombian court that ordered the Ministry of Mines and Energy to take action to “leave without effect resolution 3452", which is the company’s main mining title.
A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South Africa’s gold output.