India discontinues parts of gold deposit scheme amid rising prices
India has halted a program that allowed households and institutions to earn interest by depositing idle gold.
South African miner Gold Fields (JSE, NYSE: GFI) is buying Canada’s Yamana Gold (TSX: YRI)(NYSE: AUY) in an all-share deal worth $6.7 billion, which will make it the world’s fourth largest gold producer. Under the terms of the deal, Yamana’s...
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