Lithium, potash producers lead miners amid stocks surge

The cofounder and chairman of Roubini Global Economics, also known as Dr. Doom, said this week’s US Federal Open Market Committee meeting drive gold prices lower.

President Dilma Rousseff is allowing only 90 days for public debate on the new law draft.

Turquoise Hill Resources, operator of the massive Oyu Tolgoi mine in Mongolia, dropped 18% to a multi-year low on Monday after a $5 billion expansion was put on hold.

If mediation fails, employees are legally allowed to go on strike.

"Eventually, if we're not careful, the gold price could go to infinity, because the dollar will collapse totally."

The US markets are mixed for the moment but do have the look to be ready to roll over further Monday.

Alasdair Macleod says Bank of England kept prices down with 100,000 gold bars.

No hyperinflation yet.

Jewellers say demand has dropped 30% to 40%.