Peter Pocklington, the former owner of the Edmonton Oilers hockey team, is accused of making false claims about Arizona gold mines and defrauding investors out of millions, says a report in The Calgary Herald.
Chile will not be able to keep mining for copper, gold and other minerals if the government does not address the country's pressing energy needs, a mining conference in Santiago heard this week.
The metal's characteristic price volatility – why traders often refer to it as the 'devil's metal' – is a deterrence for investors and silver had an especially torrid 2011.
Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.
