Peruvian President Ollanta Humala said on Friday that U.S.-based Newmont Mining should carry out a more ambitious environmental mitigation plan if it hopes to build its $4.8 billion Conga gold mine project.
While the ranks of gold doomsayers have been growing over fading hopes for QE3, investors outside of the bullion market seem to be pricing in another round of easing.
In July 1944, delegates from 44 nations met at Bretton Woods, New Hampshire - the United Nations Monetary and Financial Conference - and agreed to “peg” their currencies to the U.S. dollar, the only currency strong enough to meet the rising demands for international currency transactions.
After steady gains throughout the morning Cameco Corp. was trading up 6% by lunchtime on Friday, after reports yesterday that its Kazakh join venture is planning to up output by a third. Gains for the year now top 20%.
More than 2,000 international experts will meet in Montreal, Canada, next week to discuss the latest research about how climate change is altering the Arctic faster than the inhabitants, and the governments that regulate the phenomenon, can keep up with.