RosCan reports positive results from drilling campaign in Mali

Gold price spikes to $1,360 in late trade.

Gold suffered a third day of selling on Wednesday dropping more than $17 to a 6-week low over rising fears about US economic stimulus.

"Munk and the board need to change," they say.

The government is fine tuning details of an aggressive campaign to promote Canada’s mining sector abroad, and so redirect trade spending and foreign affairs to core economic interests.

"The commission can endorse or change the government's bill."

"The power is shifting again from financial centres to the producers of real goods. The place to be is in commodities: raw materials and natural resources."

A look at Canada's third-largest mining province.

Both companies and legal experts have criticized extensively some of the clauses, which it makes the law "unconstitutional."

Gold losing ahead of FOMC announcement but analysts expect small reduction in bond purchases.