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Ecuador near Approving Gold Projects

Ecuador's President Rafael Correa says his government is within days of signing contracts with mining companies set to develop large copper and gold projects in the mineral-rich Andean nation.
Gold

India Gold Futures Down by 0.5 Percent

India gold futures fell half a percent on Friday afternoon, retracing to a level seen earlier in the week following a similar trend overseas, though a weaker rupee cushioned the fall.
100 gram gold bar and 12 kg gold bar

Gold Prices Slide Towards Second Weekly Drop

Gold prices fell Friday in what appeared to be their second straight weekly retreat in the face of a Eurozone crisis, which after two years has yet to be contained, let alone solved, and now threatens Europe's financial liquidity.
Yahoo! Inc. (NASDAQ: YHOO)

Will Microsoft Renew Its Bid for Yahoo?

Microsoft, the world’s biggest software company, may be preparing for a renewed bid for troubled search engine Yahoo. Microsoft’s $44.6 billion bid for Yahoo was rejected in 2008.
Gold pellets

Freeport-McMoRan, Indonesian Union in Wage Talks

Freeport McMoRan Copper & Gold and its Indonesian union are discussing a possible pay deal to end a three-month strike that has crippled output from the world's second biggest copper mine, which would double pay for some skilled workers.
The Bank of Korea, South Korea's central bank, for the second time this year, raised its holdings of gold in November as part of measures to diversify its portfolio of foreign exchange reserves. In a statement on Friday, the Bank of Korea said it purchase

Gold Rebounds Amid U.S., Eurozone Debt Crisis

Gold prices have recouped its losses as the failure of the U.S. congressional committee to reach a deal on reducing the budget deficit and the ongoing eurozone crisis brought back the bargain hunters.
Skoda Rapid

Skoda Rapid Launched in India

Skoda Auto launched its C-segment sedan Rapid last week.The car comes with a price tag starting with Rs 6.75 lakh for the base petrol variant. The top of the line diesel model will cost Rs 9.19 lakh.
Jon Huntsman

2012 Republican Presidential Campaign: Will There be a Jon Huntsman Surge?

Former House Speaker Newt Gingrich is the current beneficiary of Republican voters' perpetual search for an alternative to Mitt Romney, and he's enjoying the amplified media attention that accompanies a rise in the polls. If he declines, is Huntsman next? Or is it time to write-off the former Utah governor?
Casa Berardi Project

Gold Claws Back from Four Days of Losses

Gold prices on Tuesday clawed back four days of losses after ratings agencies decided not to punish the U.S. for its inability to cut the national debt.
Gold bullion from American Precious Metals Exchange

Gold Plunges 2.7% on Sovereign Debt Fears

Gold hurtled toward a one-month low Monday as fear that neither the U.S. nor Europe are able to tackle their sovereign debt problems drove investors to the dollar.
Yukon territory south of Whitehorse

Gold Prices Tumble More Than 2%

Gold dropped more than 2 percent on Monday, hit by margin selling related to an equities sell-off that stemmed from mounting fears about government debt in Europe and the United States.
Silver granules in a Russian plant

Silver Mining Company Shares Plunging

Silver mining company shares plunged Monday, in many cases falling more sharply than the broader stock market or the price of silver itself.

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