Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.
The Vancouver-based gold junior's stock was worth a mere 7.5c when the first drill results from its Las Tres Palmas trend in the Dominican Republic was first released. By June 1 it had increased ten-fold. On Wednesday it gained another 22% after new drill results hinted just how rich the Romero discovery may eventually turn out to be.
Calling gold the ultimate money, Jay Taylor, editor of Jay Taylor's Gold, Energy & Tech Stocks, watches the real price of gold with a gimlet eye. In this exclusive Gold Report interview, Taylor shares promising names in each of the four categories in his model portfolio.
Global securities and investment banking group Jefferies downgraded Caterpillar from a “buy” to a “hold” rating, with a price target of $85.00, adding to a series of previous reports affecting the company's stock.
Australia's Ambre Energy is being sued by US partner Cloud Peak Energy (NYSE:CLD) for mismanagement of their shared Montana mine, as well as exceeding approved budgets and engaging in "self-dealing transactions"
Ten widely cited climate scientists say the State Department’s review of the proposed Keystone XL pipeline should include a “serious” evaluation of how enabling Canadian oil sands development will affect the planet’s climate.
Research just out from the World Gold Council, titled ‘Gold as a Strategic Asset for UK Investors’, adds to the evidence that gold investing adds diversification to a portfolio like nothing else.