Brazil’s President to change mining regulations as early as next week

The Russian government is considering allowing foreign investors to develop strategic gold and precious metals minefields, through the adoption of amendments on the currently existing federal law “On Subsoils”, which regulates the development of the minefields in Russia.

The gold price soared $35 early Tuesday easily scaling the $1,700 level as traders appear to price in an Obama victory.

Aquarius also appointed a new CEO this week.

Gold held in the vaults of key central banks around the globe may not have been accurately recorded. A report issued last month in Germany has brought this issues to the fore.

After plunging on Friday, gold prices have rebounded for a second day on Tuesday as the US dollar was a touch weaker ahead of the U.S. presidential election.

Donald Coxe says an Obama victory in the US presidential election would give bullish impetus to gold prices.

China's jewelry stores are expanding into smaller inland cities as demand for gold rises amongst the country's increasingly affluent consumer base.

The Australian resources sector has taken its battle against the Gillard government's contentious new mining tax to the nation's High Court.

Institutional advisor ISS now says tie-up is a good thing for Xstrata, but they still don't like the $200 million retention package.