RTG to acquire Mt Kare gold project in Papua New Guinea

As we turn our eyes to the skies, we should also look south to gain some insight into governance matters in outer space.

The country had introduced the levy on raw platinum exports in January, aiming to encourage local processing of the metal.

Prices of the metal have been fallen in the second half of this year as the prospect of a rate rise, the first since 2006, would lift the opportunity cost of holding bullion.

About 3 million gallons of toxic wastewater, triple previous estimates, have poured from an old Colorado gold mine into local streams since Wednesday last week.

The cuts represent 14% of what was once a 4,300 workforce.

According to local newspaper El Mercurio, the unnamed fund is buying Anglo's Mantoverde and Mantos Blancos copper mines.

While the U.S. Environmental Protection Agency was investigating pollutants at an old gold mine, it accidentally released an estimated one million gallons of mining waste into a creek.

Jobs report supports September rate hike. Gold price jumps $17 an ounce.

Talks are set to resume on Wednesday, Aug. 12.