Nordgold raises offer for Cardinal

Shanghai trader: "This Chinese New Year procurement period is very different from past years."

Gold's longest bull run took place against a backdrop of generally low – and at times negative – inflation.

Dr Doom explains why the predictions of "Austrian economists, radical monetarists, gold bugs, and Bitcoin fanatics" have been so "spectacularly wrong".

Embarrassment and financial harm.

India is back to being the number one consumer of gold, knocking China off the top of the podium as the country that consumed the most bullion in the form of gold bars, coins and jewelry, in 2014.

The iron ore price fell again on Thursday losing nearly 6% in four days and falling to a fresh five-and-a-half year low within shouting distance of $60.

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

The firm expects production at Ferrobamba, one of the four deposits that make up Las Bambas project, to start early next year.

Down nearly a third in 2014 as anti-corruption drive curbs conspicuous consumption and investment money flows into Shanghai stock market.