Current Live World Spot Prices
Last update: Thu 28th March 2024 23:08 (Melbourne)
Gold: $3,399.31 AUD     $2,212.49 USD Silver: $37.96 AUD     $24.66 USD

Tag Archives: gold mining companies

Western Australia Miners Join Forces Against Aggression To Gold

Recently big names in the gold mining sector united their voices to defend the wounded industry. The Gold Industry Group is now a result of the sector preoccupation about Government’s financial interests and future decisions. In the meanwhile, low prices keep hurting the sector but the precious metal is starting to recover.

Iron ore price collapse deepens as mining industry inquiry abandoned

The cancellation of the inquiry in the mining sector was not a good news for some characters in the industry. Fortescue Metals Group Ltd., one of the biggest players in the iron ore industry at Western Australia failed to convince the government to execute the widely popular investigation in the mining business, making possible the attainment of reliable data.

The Mining Industry is wounded

All the markets around the world are in expectation because the severe problems in the European continent. Many indexes were truly hurt in the last couple of days. Specialised media has talked about all the ups and downs in the equity markets but the commodities are being ignored quite a bit.