Machinery, Metals & Industrial Products Manufacturing

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Royal Mint mines demand for gold

The Royal Mint has more than quadrupled its production of gold coins in recent months, as the record price of the metal has caused demand to soar. Its output of gold coins during July, August and September rose to 32,736...

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Norilsk Nickel acknowledges pollution, says measures taken

MOSCOW, November 20 (RIA Novosti) - Russia's metals giant Norilsk Nickel acknowledged on Friday Norway's accusations over pollution caused by the company, but said it has been tackling the problem. NorNickel said it has been...

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Moves to mine gem potential

Investors wanting exposure to gold or other precious metals have an array of options, whether it is buying the physical items or purchasing mining stocks, commodity indices or exchange-traded funds. With diamonds the...

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The Mongolia Coal Mining Boom

When I was a young high school punk, I had the good fortune of attending Jim Peckham's wrestling camp. Coach Peckham was the 1976 USA Olympic wrestling coach. He had cauliflower ears and a face that looked like he chased parked...

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Minco’s Xtierra agrees option deal over Laguna Pedernalilo project

Irish mining group Minco has reported that its TSXV quoted subsidiary, Xtierra Inc has entered into an agreement with Australian company Indo Gold over the option and sale of the silver-rich Laguna Pe...

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Gold Ekes Out Small Gain, Other Metals Hold Steady

Gold Prices Inch Higher, Buoyed By Safe-haven Appeal; Other Metals Little Changed (AP) NEW YORK (AP) - Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened. The December contract...

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Wall Street: Mixed week ends on a low note

Stocks selloff on Friday as investors respond to mixed economic news and a darkening outlook for technology companies. Stocks fell Friday, capping a mostly down week, as investors remained jittery about the economy and the...

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Gold climbs to record high

Precious metal recovers earlier losses and continue in record territory as investors fear inflation. Gold recovered earlier losses and rose to a fresh record high Friday with the momentum which has lifted prices more than 9%...

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Paulson's golden investors have to commit $10 million

BOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a...

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European Shares End Week With Four-Day Skid

By KIMBERLY VLACH European stock markets ended the week on a four-day losing streak, with sentiment leaning toward the negative side as investors fretted about the robustness of the global economic recovery. The dollar held on...

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