Mining Archive

Turnaround stories revolve around proven management

Willem Middelkoop and Terence van der Hout of the Netherlands-based Commodity Discovery Fund believe that when the world’s reserve currency is reset away from the U.S. dollar in the next decade, gold prices will rise and mining

Oil trading alert: Will news from Ukraine push crude oil higher?

On Thursday, crude oil gained 0.76% as the escalating conflict in Ukraine weighted on the price. Thanks to this news, light crude bounced off an important support/resistance line. Will it increase further with the tensions in the

India’s silver export spikes as gold import declines

As the gold supply struggles to meet its surging demand, the silver jewelry export has made giant leap in India. In February, India’s silver exports increased 45.33% to $84.1 million and jumped 89% in the 11-month period

Palladium rises to 32-month high on supply concerns

Palladium advanced to the highest in more than two years as the U.S. threatened more sanctions against Russia, the world’s largest supplier of the metal used in pollution-control devices for cars. Gold fell. Treasury Secretary Jacob J. Lew said

Coeur Mining swapping out $150 million in notes

Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE:CDE) today announced its offer to exchange certain of its outstanding unregistered notes for new registered notes in accordance with the terms of its registration rights agreement with existing holders

Can’t keep gold down

Today’s AM fix was USD 1,314.75, EUR 955.14 and GBP 786.90 per ounce.
Yesterday’s AM fix was USD 1,299.00, EUR 946.93 and GBP 783.76 per ounce. Gold fell $7.00 or 0.54% yesterday to $1,296.50/oz. Silver slipped $0.06 or

Increased gold ATMs in India will boost gold trading

The strategic partnership between Gold Arab Emirate (Gold AE) and Gold To Go is likely to strengthen gold and silver trade in the UAE region. Under the partnership agreement, Gold AE will supply and manage gold to

New rating agency: ‘Bail-in’ risk high in banks

Today’s AM fix was USD 1,287.25, EUR 935.09 and GBP 775.13 per ounce.
Yesterday’s AM fix was USD 1,284.00, EUR 930.91 and GBP 771.26 per ounce. Gold climbed $9.50 or 0.74% yesterday to $1,290.00/oz. Silver rose $0.15 or

A gold forecast you may not like

The bitter truth about what may happen to gold is not all that exciting and likely don’t want to know, but you need to understand what is unfolding as we speak. Long story short, the prices of

India flush with gold smugglers

In what is considered as the largest single-day haul to-date, the Air Intelligence Unit (AIU) of the Indian Customs seized 18 kilograms of smuggled gold at Mumbai International Airport. The officers are reported to have spoiled four