Metal for immediate delivery traded 0.5 pct lower at $1,274.20 an oz. as of 10:48 a.m. New York time. A close at that level will be the lowest since Nov. 3.
Coal India Ltd.’s production and shipments in Nov. rose to most for month in at least five years, as power plants procured more coal to boost inventories.
“A lot of people including myself are promoting the idea that Nelson continues on as CEO for a couple of years if possible,” said chairman Oscar Landerretche.
The oval stone, set in a ring embellished with smaller diamonds, sold after a three-minute contest. It was estimated to sell for as much as $42 million.
Crystallex International Corp. and Venezuela agreed to settle a $1.2 billion dispute over the 2011 nationalization of a gold deposit in the South American nation.
“The one thing this industry does very well is mine gold at a loss,” Randgold Resources CEO Mark Bristow told analysts at a breakfast meeting on Friday.
National Energy Guarantee program could slash investment in wind and solar projects if Australian government fails to boost 2030 emissions-reduction target.
