“Sentiment towards gold is as low as it has been for many years, possibly since the rally started. ... For virtually the first time this cycle, buying gold is a contrarian trade.”
"Wu's death penalty is a setback for the cause of reform in China. Judging from this case, how far are we from the market economy? At least 300 years."
Silver Wheaton Corp. (SLW.TO) announced its audited results for the fourth quarter and year ended December 31, 2011. It also announced that its Board of Directors has declared its first quarterly cash dividend payment for 2012 of US$0.09 per common share.
Coal Rush, a documentary running next week at the Atlanta Film Festival, tells the story of a 7-year crusade by US attorney Kevin Thompson, along with other attorneys, advocates and affected residents, to halt the injection of coal slurry into the Appalachian mountains by now-defunct coal miner Massey Energy.
EU regulators are stepping up scrutiny of the mooted $90 billion merger of the commodities trader and coal giant and the whole vetting process could take until early 2013. That is if the deal goes ahead at all.
None of mining's top companies escaped the carnage on Thursday after a survey of manufacturing in China showed activity slowed for a fifth straight month.