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Unheard of mineral discovered in a cave in Spain

A team of researchers from the Geological Survey of Spain and the Complutense de Madrid University has discovered a new mineral, the zaccagnaita-3R, in a cave known as “The Soplao,” located in the historical northern region of Cantabria.

Wrong call on gold costs fund manager his hair

Toronto fund manager, John Oliver, had his head shaved today after wagering four years ago that gold would hit $2,000/oz. Oliver, who works for Sprott Asset Management and said he would get his hair shorn if the prediction didn't pass, made the bet on April 16, 2008 when gold was $920/oz.