"I think gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold. They invest in productive businesses."

Vancouver's First Point Minerals served notice of arbitration on Cliffs on Saturday because the iron and coal giant refuses to hand over crucial information about the tiny explorer's Decar project, set to become the world's first commercial nickel-iron alloy mine, effectively naturally-occurring 'stainless steel'. BlackRock, an asset manager with more than $3 trillion in assets picked up a stake in First Point two months ago.

Number of shares in issue will double and a sword will hang over retail investors' heads for the next five years.

Video of the event was uploaded by Winnipeg Free Press.

Four months after having its Keystone XL pipeline project rejected by the Obama Administration, TransCanada Corp. is taking another crack at the $7.6-billion project.

Japan will find itself without nuclear power for the first time since 1970 as the last of its currently operating nuclear reactors prepares to go offline.

Hydraulic fracturing companies must publicly disclose the chemicals they use, according to new regulations announced by the U.S. Department of the Interior.

The CEO of management leadership consultancy Louis Allen, Nico de Kock, says South African mining companies need to focus more on their management capability and leadership skills, reports Mining Weekly.

Management and leadership should not be seen as separate skills, as they are interlinked and necessary to improve productivity to achieve better results, he explains. “The key driver of any effective input-throughput-output process is the manager. If a management team implements more effective planning, organising, leading and controlling practices, it will improve business results,” notes De Kock.

A weak job's report weighed on oil, which dropped below $100, a first since February.