Gold fell to a six-week low in Tuesday trading, stopping just short of the $1,700 an ounce threshold as investors become increasingly concerned about the state of the global economy.
Storied investor and financial author Stephen Leeb alleges that major hedge funds have engaged in concerted efforts to manipulate precious metals markets.
Africa-focused miner Ivanplats (TSX:IVP), founded by billionaire Robert Friedland, successfully closed Tuesday its $307-million initial public offering (IPO) on the Toronto stock exchange, issuing total equity of $504 million (Cdn$493).
Canada’s provincial government of British Columbia is investigating allegations that Chinese workers applying for jobs may have been requested to pay fees to apply for mining positions in B.C.
Thousands of people jammed the front lawn of Canada’s British Columbia parliament on Monday to oppose the controversial Enbridge's proposed $5.5-billion pipeline from the Alberta oil sands to the country's West Coast.
United Nations Development Program (UNDP) representative, Valerie Julliand, announced Tuesday the body has agreed to the Dominican Republic’s government's request to review Xstrata Nickel’s environmental impact study for the Loma Miranda project, located in the country’s central region.
The Diamond exploration company sees its future shining bright after discovering high concentrations of minerals that could imply the presence of rough diamonds.