It should be abundantly clear to the gold bulls by now that the three main factors that drove the metal to its all time high were an unusual combination
Golden Deeps has successfully demonstrated that copper mineralization at its Deblin Copper Project in Namibia exists nearer to surface than previously identified.
Reuters reported that Peru has brokered a deal between the regional government of Moquegua and Anglo American to allow the global firm to build its USD 3 billion Quellaveco copper mine.
Reuters ported that Japanese trading house Mitsubishi Corporation could cede part of its stake in disputed Chilean copper properties to solve a bitter row between Anglo American Plc and Codelco assets as the mining titans sought more time for the high...
Interfax reported that LLC Sberbank Capital a subsidiary of Sberbank of Russia has acquired 49% of shares in Armenia CJSC Paramount Gold Mining which owns the license to develop the Lusadzhur gold ore deposit in Armenia Kotayk Province.
Dawn reported that the World Bank has withdrawn its commitment of providing an IDA Credit of $30 million for the Thar Coal and Power Project because of their policy of focusing on low carbon technologies.
