| INDUSTRY NEWS 04/11/13 - Canadian gold company threatens Costa Rica with $1bn lawsuit Costa Rican court system has caused a legal vacuum regarding the project and the country's president refuses to act. 04/11/13 - Will saving the euro sacrifice the eurozone's competitiveness and solidarity? What becomes of the eurozone matters to everyone. 04/11/13 - Rio Tinto adds Ivanhoe Australia to its blowout sale Rumours suggest Rio’s sale of a majority stake in Ivanhoe Australia will trigger a full takeover of the company. 04/11/13 - A US$ retreat could ignite the precious metals market The recent rally in the US$ was more a product of the fall in other currencies than a strengthening of the dollar. 02/22/13 - Gold likely to become a currency this year: analyst Small investors are selling their gold and silver and getting into stocks, but that trend is about to run its course, says Liberty Trading Group president James Cordier. 02/22/13 - Centerra faces $315 million in fines for new claims of environmental damage in Kyrgyzstan The new figure almost triples the damages claims Centerra faces in the country. 02/22/13 - The great mining CEO purge Or how I learned to stop worrying and love austerity. 02/09/13 - Criticism of 'quantitative easing' intensifies ahead of G20 meeting Bill Gross, Jim Rogers and Ron Paul lead a growing chorus of QE criticism 02/08/13 - Diverse market reactions to Newcrest profit slump The company's shares jumped up in Sydney, while plummeting at the Toronto Stock Exchange this morning. 02/08/13 - Barrick urges the Dominican Republic to honour Pueblo Viejo’s contract Local authorities are reviewing the contract with Barrick in a bid to make it “more favourable” to the country. 02/08/13 - New setback for Inmet’s $6 billion copper project in Panama The country’s Supreme Court ruled against Inmet's land rights claims near Petaquilla’s concessions. 02/05/13 - Chinese gold imports nearly doubled in 2012. New ETF sets up blow-out 2013 Imminent launch of Chinese gold-backed ETF could make 834 tonnes per year look small. 02/05/13 - Platinum hits 4-month peak, palladium rockets to 16-month high Supply worries boost PGMs. 02/05/13 - Avalanches in Pascua Lama area did not cause water pollution: Barrick Recent avalanches affecting several points along a water channel in the area of Barrick's Pascua Lama project have not affected water quality, says the gold miner. 02/05/13 - Mexico gears up for new mining bill, includes taxes to benefit locals It will start charging mining companies already operating or planning to start up in the second half of this year. 01/25/13 - German cheer drops euro gold price to 8-month low Central banks' 'free lunch' may be coming to an end sooner than thought. 01/25/13 - Report: Polyus and Polymetal to merge creating world's No. 3 gold miner by reserves London-listed Russian giants came close to a tie up last year. 01/25/13 - Centerra Gold responds to rumours of Kumtor’s mine licence cancellation Local media reported that Kyrgyzstan minister of economy, Temir Sariyev, implied that Centerra would have its permit revoked and a new company would continue to extract gold from Kumtor. 01/23/13 - India strives to undermine its gold bugs India's finance minister has called for the South Asian giant to curb its external purchases of bullion in order to balance the country's current account and improve resource allocation. 01/22/13 - Gold bumped higher by Japanese stimulus commitment Gold edged higher in Tuesday trading following the Bank of Japan's announcement that it would implement in stimulus measures to boost the country's stagnant economy |