Asia gold buyers snap up bargains as price dive revives demand

Veteran investor Michael Pento says the deep-rooted troubles of Japan's economy could send a rush of money into gold and silver should domestic interest rates increase.

Artisanal gold mining, the largest source of global mercury pollution in small-scale operations, is the only source of income for as many as 15 million people in 70 countries, mostly poor ones.

The figure corresponds to the balance of the $335 million sale of its subsidiary Mine Waste Solutions to AngloGold Ashanti in March last year.

South Africa's Competition Tribunal will publish its official decision on the proposed Glencore-Xstrata merger tomorrow.

The company warned Monday it would report lower production figures for the October-December quarter, mainly due to the strikes that hit its South African operations last year.

Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor's economist.

Exploration investment in the country reached a record high of $3.9 billion in 2011, with the three territories receiving 22% of the total international spending for the year.

$1,170 vs $773.

Strictly six figures now.