New Gold Rush Hits California After Damaging Winter Floods
A tough California winter has triggered a surprising summer gold rush for residents living near the Oroville Spillway crisis, as weeks of heavy rains during the winter months stirred up gold flakes and nuggets along the rivers that the spillway impacted.
Hackers Steal Staggering $32 Million In Ethereum
In a massive security breach on Wednesday, hackers got their hands on 153,000 units of cryptocurrency ethereum, worth around $32.6 million.
Dovish Draghi Comments Drive Gold Prices
European Central Bank President Mario Draghi confirmed asset purchases will continue at least through December, adding that a very substantial amount of stimulus is still needed.
Gold Pushes Off Lows As ECB Holds Rates Steady, All Eyes On Draghi
European Central Bank (ECB) decided to leave interest rates unchanged, with all attention shifting to Mario Draghis press conference, which will shortly follow the banks announcement.
LME Looking Into Changing Strategy After Market Share Drop
The London Metal Exchange (LME), the worlds biggest industrial metal exchange, will be voting on various new measures in August, including items such lower fees and new live implied prices for monthly contracts not traded electronically, Bloomberg cited sources as saying.
Gold's $1,300 Level Might Not Happen Until 2018 - NAB
In what the National Australia Bank (NAB) described as a mildly optimistic forecast, gold is seen reaching the key psychological level of $1,300 only by the end of 2018.
Silver To Surge Above $20 Within A Year - Metals Focus
This years volatile silver market could see a positive price rally within the next 12 months, surging 25% from the current value, one UK-based precious metals consultancy said.
New Zealand's 8,500 Kg Gold Discovery Shadowed By Fierce Stand-Off
New Zealand is now in the middle of a new mining controversy, as the latest gold discovery exploded into a fierce stand-off between the local community in the North Island conservation area and the New Talisman Gold Mines.
Canada Takes Top Spot In Global Minings Exploration Budget PwC Report
Canada was the clear leader when it came to mining exploration last year, reporting the biggest budget than any other country, PricewaterhouseCoopers (PwC) said in its Mine 2017 report.
Too Big To Sell? Worlds Biggest Diamond Could Be Cut Up
The 1,109-carat rock wonder is too big to be sold, which means it could be cut up in order to attract new interest, Reuters reported quoting industry experts.
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