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A collection of news and information related to Gold and Precious Material published by this site and its partners.
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Hopes fade for those still trapped in Freeport Indonesia mine
ReutersJAKARTA (Reuters) - Freeport McMoRan Copper & Gold Inc said on Saturday that rockfalls were hampering rescue efforts after a tunnel collapse four days ago at its giant Indonesian copper mine, with hopes fading of finding alive any of the 23 still missing....Tags: Indonesia, Metal and Mineral, Physiology, Jakarta (Indonesia)
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Khartoum behind fresh wave of violence over gold in Darfur: report
Sudan TribuneA new report argues that the Sudanese government's struggle for control of Darfur's gold resources, rather than inter-tribal conflicts is behind the recent surge in violence in the war-torn western region. The report, titled Darfur's Gold Rush: State-...Tags: Mining, Metal and Mineral, Crime, Law and Justice, Wars and Interventions, Unrest, Conflicts and War
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Upland students learn about Gold Rush era
Inland Valley Daily BulletinIf Sierra Vista Elementary third- and fourth-graders wanted lunch on Friday, they were going to have to earn it. As part of the school's annual Gold Rush Day about 60 students were busy digging with shovels, buckets and their hands through layers of...Tags: Metal and Mineral, Teaching and Learning, Students, Education
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Alaska Gold Miners Remain Optimistic Despite Dropping Gold Prices
Channel 2 NewsThe price of gold has been dropping for six days as of Friday and local miners say the declines haven't dampened their optimism. The Alaska chapter of the Gold Prospectors Association of America spent part of Friday teaching Anchorage area sixth graders...Tags: Metal and Mineral, Mining
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Hedge funds selling gold after propping market a month ago
ReutersNEW YORK (Reuters) - Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers,...Tags: Economy, Business and Finance, Money and Monetary Policy, Metal and Mineral, Metal, Finance
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Hedge funds back to selling gold after propping market a month ago
Reuters* Money managers pull $1.4bln from COMEX gold in May 14 week * Traders see another $200 to $300 drop in gold price By Barani Krishnan NEW YORK, May 17 (Reuters) - Hedge funds and other big speculators in commodities have started selling gold in a big...Tags: Economy, Business and Finance, Money and Monetary Policy, Casino and Gambling Industry, Metal and Mineral, Inflation and Deflation
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COMMODITIES-Up broadly on strong US economic data; gold slumps
Reuters* Oil, copper up on strong US consumer sentiment, stock market * Corn up too on less sales by farmers focused on planting * Gold at 1-month low as Fed pressured to end US stimulus By Barani Krishnan NEW YORK, May 17 (Reuters) - Oil and copper prices...Tags: Foreign Exchange Market, Metal and Mineral, Stock Market, Thomson Corporation, China
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GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...Tags: Economy, Business and Finance, Central Bank, Foreign Exchange Market, Metal and Mineral, Stock Market
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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: Altana AG, Metal and Mineral, White House, CNBC (tv network), Industrial Production
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2012 metal output drops by almost 20%
The Manila Times, PhilippinesThe Philippines' metal output dropped by almost a fifth last year, following the suspension of key mining projects and lower gold purchases by the Bangko Sentral ng Pilipinas (BSP). In a report, the Mines and Geosciences Bureau (MGB) said that metal...Tags: Metal and Mineral, Mining, Manila (Philippines), Philippines
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GLOBAL MARKETS-Dollar soars, stocks gain amid talk of Fed QE exit
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * U.S. Treasuries prices fall further after sentiment data By Herbert Lash NEW YORK,...Tags: Central Bank, Foreign Exchange Market, Metal and Mineral, European Central Bank, Stock Market
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PRECIOUS-Gold hits 1-month low as Fed pressured to end stimulus
Reuters* US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock market weigh on gold * Palladium, platinum...Tags: Economy, Business and Finance, Central Bank, Money and Monetary Policy, Metal and Mineral, Stock Market
May 18, 2013
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May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
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May 17, 2013
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