Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.
India should be doing better, according to Raghuram Rajan, a professor of finance at the University of Chicago, but bad government policy keeps stepping on the country's growth and sends its citizens back to gold.
The Fed's new near-zero interest rate policy and purchases under QE1 kicked off on 16 December 2008. On 15 December 2008 an ounce of gold cost $837.50.
The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.
Singapore's sovereign wealth fund Temasek Holdings has taken up a 5.5% stake in Canada's Ivanhoe Mines valued at roughly $420 million ahead of a $1.8 billion rights offer at the miner. Early Monday Ivanhoe, already down 43% this year shed another 3.8% in value.