The proposed Pebble Mine in Alaska could hold more than $300 billion worth of copper, gold and molybdenum. So why are companies running away from the chance to develop it?
As investors shun risk assets such as emerging market equities and currencies, gold is quietly gaining traction, clawing its way back up to around $1,400.
Seven years ago, Australian billionaire Clive Palmer sold Citic, China's biggest state-owned investment company, on the idea of mining low-grade iron ore from the Outback.
Output at U.S. factories declined slightly in July, reflecting a drop in auto production.
Caterpillar says its first-quarter net income shrank and it predicted smaller 2013 sales and profits because its mining business is slowing down.
Monday saw gold prices plunge, prompted by fears of a slowdown in China. But for gold bugs here, now may be the time to add some of the yellow metal to your portfolio.
Since gold topped out near $1,900 an ounce two years ago, prices have fallen by about $300. If you think that makes it a bargain, here are five ways to invest in gold now.
Kinross Gold Corp. (KGC) will buy the 91% of shares in Red Back Mining (RBIFF) that it doesn%u2019t already own. Kinross will pay $7.1 billion for the shares. The price...