Math model saves Russia’s MMK $7.7 million

Despite the rosy picture painted by the industry body, official figures show that Turkey bullion imports more than halved last year.

Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.

Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.

Vancouver gold miner forecasts minimum 80,000oz dip in output this year even as costs at mines in Greece, Turkey and China surge as much as 28%.

The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.

But it lost its gains right after two ECB officials said policy makers would propose purchasing 50 billion euros in assets per month through the end of 2016.

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.

Past policies of the Swiss National Bank towards gold backfired badly. But last week's fiat money fiasco could be the real game changer.