Report: India may slash gold import tax to 6% before end of Feb

Using bacteria to extract minerals from ore is showing the potential to replace dangerous processing chemicals such as cyanide in the mining industry.

Over the past two weeks the precious metals complex has retested its Brexit breakout and rebounded back to the July highs.

New report shows commodity assets under management jumping to $235 billion, the best performance since 2009, largely due to physical gold ETF inflows.

But likelihood of US rate hike by the end of the year still below 50% and other markets remain in easing mode.

The majority of 31 investment bank and institutional analysts polled in January saw gold trading in triple digits this year.

The Toronto based company sees gains on output increases.

Chairman and CEO Rudi Fronk explains his company's value-enhancing strategy of obtaining resources at low cost and spinning them into gold.

The UK based miner struggled after gold output slumped at key locations.

It’s not yet clear whether it will be generally approved by securities regulators as a defensive mechanism for all other public companies facing hostile takeovers.