Russia’s central bank to pay less for domestic gold from May

January - August 2013, year over year.

Copper output also rising, cost-cutting measures exceeding expectations.

No US government deal boosts gold from three-month low.

Rio Tinto has tried to get approval from Mongolia for its financing proposal since last winter, but the government has not yet offered a direct reply.

Whether there is more pain in store for the main gold players will be known next week, when third-quarter results start rolling out.

In other words, he hopes to create a “Platinum Valley.”

Gold has dropped over $500/oz and protest movements against gold miners around the world, with the help of social media, have become more prominent.

Now processing 100,000 tonnes of ore per day.

The gold price did not capitalize on the ongoing stand-off in Washington on Monday, but recovered somewhat from the massive sell order that knocked the metal to three month lows on Friday.