World’s No. 4 iron ore miner wants to diversify its portfolio

Precious-Gold remained weak after the release of downbeat U.S. data which triggered safety demand on the dollar and yen.

The draft legislation also introduces a series of new regulations that will greatly increase royalties on, and impose economic participation by the province in all mining projects, including Navidad.

Western Areas NL ("Western Areas") (TSX:WSA)(ASX:WSA) is pleased to announce full repayment from cash reserves of the A$105.5m convertible bond issue expiring today. The repayment is consistent with guidance provided to the market over the last 12 months confirming the company's focus on maintaining a sound and stable balance sheet.

According to analysts, gold could benefit from policymakers actions, but "investment bid needed" to move the price higher

The metal surrendered gains from Friday's session along with the euro and other commodities as a bounce lent to the financial markets by EU plans to tackle the debt crisis petered out.

For July 1 celebrations, the National Archives of the UK uploaded several hundred photos of Canada to Flickr, including pictures of Barkerville, British Columbia's most famous frontier town.

Gold Fields (NYSE:GFI) said it is shutting down KDC West mine after an accident claimed five employees' lives.

Barkerville Gold Mines (CVE:BGM) was up 49% on Friday to $1.21 a share after announcing an indicated resource estimate for Cow Mountain.

Jim Rogers poured cold water on Friday's stock rally after European leaders agreed to backstop more debt-stricken banks. The S&P 500 jumped 2.49% on Friday, and spot gold was up $30 to close at $1,599.10/oz.