Gina Rinehart, the world of mining's 4th richest person, is meeting a fellow billionaire Stan Perron in the Australian supreme court this week in a fight over – no surprises here – iron ore royalties.
Even though gold prices can experience declines that appear to be unfounded, demand from various categories and parts of the world continue to provide support to prices.
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global mining giant Rio Tinto (NYSE: RIO ) has earned a respected four-star ranking.
Gold demand in China may surge as much as 30 percent this year as rising incomes boost consumption, helping the country topple as the world's largest bullion market on an annual basis, according to the World Gold Council.