The scene at each of the four Chow Tai Fook stores dotting Causeway Bay’s Hennessy Road was the same: a rush of buyers snapping up jewellery, coins and other gold items.
Mainland Chinese buy billions in gold Read More »
The recent fall in precious metals prices has investors on edge. Many precious metals equities were hurting even before the latest precious metals drop. In this interview with The Gold Report, Peter Rose, head of mining research with Fox-Davies Capital Ltd. in London, provides a European perspective.
Can equities cushion falling gold prices? Read More »
With the financial experts claiming, some gleefully, that gold has “lost its safe haven status” in the aftermath of its biggest tumble in 30 years, many commentators thought (hoped?) that the dramatic price drop would steer people away from gold ownership.
Unintended consequences in gold demand Read More »
In this podcast discussion with Ellis Martin, Dudley Baker talks about his recent trip to one of the country’s most foremost mining schools, University of Texas El Paso (UTEP) where he sat in on one of his son’s classes on the economics and business of mining.
New generation of miners at UT El Paso Read More »
Kyrgyzstan’s efforts to attract investors by auctioning off mining licenses, starting with the country’s second-largest gold deposit, have run into problems – both self-inflicted and beyond authorities’ control.
Kyrgyzstan gold mine auction stumbles Read More »
Mongolia, hoping to arrest a slide in foreign investment into its critical mining sector, is planning a new law that it says will increase stability by reassuring investors.
Mongolia reassures mining investors Read More »
To say it’s been a bad past few days for gold would be an understatement. It’s been a horrifying past few days for gold, with the precious metal’s prices falling 12% since just last Thursday.
Gold miners offer one safe place to hide Read More »
Goldrock Mines Corp. has moved one step closer to its goal of becoming a gold producer by unveiling results of a feasibility study for its Lindero project in Argentina.
Goldrock reports costs of $703 an ounce Read More »
Leveraged gold speculators panic whenever someone decides to sell large numbers of transient short positions into the market. That isn’t anything unusual. It is because they are gamblers who, like their soul-mates in Las Vegas.
Gold collapse and American gold exports Read More »
Mining companies have asked the Supreme Court of the Philippines to dismiss petitions seeking to strike down Republic Act 7942 or the Philippine Mining Act of 1995 over constitutional issues.
Miners in Philippines face court battle Read More »
