August 17, 2012 The “fear” trade Risk assets are obviously back in favor with investors - possible action by the European Central Bank (ECB) and the US Federal Reserve (Fed) could offer an explanation why.
August 17, 2012 Anglo American completes acquisition of De Beers Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond…
August 17, 2012 Central banks double last year’s gold buys Central banks demand for gold in the second quarter reached 157.2 tonnes, a record high and more than double last year's Q2.
August 17, 2012 Kinross announces US$1.0 billion term loan, increases unsecured revolving credit facility to US$1.5 billion The new $1.0 billion term loan, a three-year term loan that will mature on August 10, 2015, has no mandatory amortization payments.
August 16, 2012 Rockfall at Diavik mine stops open pit work for a week Five thousand tonnes of rock fell from the edge of the open pit at Diavik Diamond Mine last week but employees got out 10 hours before the rockslide started.
August 16, 2012 Weak markets force Alrosa to dump stock in state repository for the first time since 2009 Alrosa said the sales were a measure aimed at maintaining acceptable price levels as the company's clients signaled that they were experiencing financial trouble in 2H 2011.
August 16, 2012 60 dead after landslide at Congo gold mine "Illegal miners rushed to be the first in the bottom of the pit but the sides collapsed, burying them all."
August 16, 2012 Rio Tinto Has ‘Multiple Options’ for Diamond Business Rio Tinto is “looking at multiple options" for its diamond business and plans to sell the diamond assets are “well advanced,” according to Chief Financial Officer Guy Elliott.
August 16, 2012 IDEX Online Research: Long Term Growth Prospects Bright for Global Jewelry Market Dire predictions about a severe decline in Europe’s population over the next several decades have been revised to show that the number of people in the region will drop only…
August 16, 2012 IIROC: halt; Harmony Gold Corp. The IIROC, as of 8:12 ET, has halted trade of Harmony Gold Corp after requesting 'company pending news.'
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