UK’s new coal mine sent ‘adverse international signal’, campaigners say
Environmental campaigners are challenging the approval of a coking coal mine in northwest England.
Gold prices hit a record $1,578.50 an ounce on Wednesday as concerns over the euro zone debt crisis deepened, and after minutes to the Federal Reserve’s June meeting suggested some members were pondering the possible need for additional easing.
Spot gold was bid at $1,572.99 an ounce at 1:03 p.m.