Global gold demand hits six-year-low as China, India buy less

Vivian Krause, a Vancouver blogger who has been digging into the finances of green groups, takes a hard look at the finances of Suzuki Foundation and draws linkages to foundations in the U.S. who may have an interest in tying up Canada's oil supply rather than let the country diversify exports in the east.

"Global economic markets have shifted to a period of significant uncertainty and we continue to see both a sustained upward pressure on costs and long timeframes for regulatory approvals."

When planning an expansion at the largest open pit mine in Quebec, thinking big is important.

CST Mining is selling its 70% stake in the Mina Justa copper project in Peru for US$505 million.

11 countries bought just under 58 tonnes of gold in March. That compares to combined purchases of 439.7 tonnes by the world's central banks last year. That already was an almost fifty year high.

Associated Press reports that Western Kentucky Minerals is making a second attempt at getting a 700-acre surface mining operation near Owensboro approved.

Newcrest Mining, the world's No.3 gold miner, on Tuesday cut its production forecast for this year, saying its major projects had struggled to reach output targets.

Teck Resources fought against lower metals prices to post record revenues for the first quarter.

It seems that investors have shrugged off the latest developments around the world, in particular the Eurozone and are looking for direction from the US Federal Reserve.