The president of one of America's oldest precious bullion dealers says retail investors purchased gold and silver in unprecedented volumes during the Christmas holiday period

Chinese firm Hanlong is bidding $1.2 billion for Sundance Resources.

New online trading center will cut out intermediaries by permitting complete transactions

New decree will see increase in number of licensed exporters

Financial woes of the West present "rare and historic opportunities" for the Middle Kingdom

Australia now a key destination for foreign sex workers, illegal narcotics and touring rock bands

For the fiscal year ended September 30, 2012, Orvana Minerals Corporation posted production of 55,929 ounces of gold, 15.4 million pounds of copper, 716,280 ounces of silver and 636,810 pounds of lead.

Although details of sanctions have not been disclosed, the company could be facing either a fine or the cancellation of environmental permits.

Sources highlighted that the reserve, spanning 31,183 hectares, is estimated to bear some 200 million metric tons of bauxite.

In early December, when Vale presented its investment program for 2013, the company stated that it would mainly focus on its Serra Sul project in Carajás.