Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in the first half of 2012.
Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International (LON:GLEN).
The death of a Chinese gold miner in Ghana as well as the arrest of over 90 of his compatriots and colleagues has triggered a strong response from Beijing.
UBS's Director of Floor Operations Art Cashin warns that the United States economy could be on the verge of runaway inflation due to the Fed's swelling of the money supply.
Investment expert James Turk says a massive short squeeze on gold and silver is approaching which will serve to push prices for both the precious metals higher due to panic buying.
U.S. authorities announced yesterday the seizure of more than $31 million supposedly connected to an international money-laundering scheme run by the owners of two gold mines in Peru.