Greek court’s final ruling about Eldorado operations still pending

At a time when complex financial instruments allow for the seemingly effective hedging of all manner of risks, why should precious metals, which involve considerable downside risk, continue to be attractive?

Shares of First Majestic in Toronto rose 4.7% to $18.69, after the announcement.

ATMOS Global ™ (ATMOS Australia Pty Ltd – Elite Atmospheric Air Quality Modelling & Forecasting and Climate Change Research Consultants ™) launches globally its new RiskBalance+ ™ philosophy, a fully developed approach to formulating Evidence-Based Dust Management Plans ™ as part of its first-of-its-kind new global initiative VerifiedDust ™: Evidence-based Dust Management and Dust Control Verification Program ™, a global event, ‘ a journey of 1000 mines, one mine at a time™’

The Australian diamond company Lonrho Mining dazzled investors Tuesday as the company confirmed the finding of two huge diamonds from the Lulo project, in northeastern Angola.

As the price of the yellow metal punched through the $1625 an ounce level, buy stops were initiated, fuelling the rally as some traders on the short side were forced out of the market.

Toronto-based jeweller Harry Winston Diamond, which is looking to become the sole owner of Rio Tinto’s Diavik Mine, in Canada's Northwest Territories, said the mine has another 11 years to go and a current net value of $2.6 billion.

When the third lane opens the canal's capacity will more than double. The largest ships will carry as many as 13,200 containers -- at least double the dry weight of bulk cargo that can pass through today.

USA’s second-largest coal producer, Arch Coal, has drawn protests from activists and locals after announcing it had applied for a permit in Montana to begin tapping its massive Otter Creek coal strips.

Canada’s Franco-Nevada has committed a whopping $1 billion to support the development costs of Inmet's massive Cobre Panama copper project in exchange for a future precious metals stream.