The board of Victoria Gold has resigned and its CEO, John McConnell, says the mining company is “done.” If the Eagle mine were to open again, he said Victoria Gold wouldn’t be the one in charge. The news comes one day after the company was put into receivership following a successful application from the Yukon government to take
U.Today – Gold prices fell sharply yesterday as investors reacted, as expected, to the latest U.S. inflation data, which came in below expectations. Gold is traditionally seen as a safe-haven asset in volatile economic times and tends to rise when inflation rises. However, the latest CPI data has changed market sentiment, and many market participants
AN Olympic golden girl claims athletes “lived in filth” at the Paris village. Swimming hero Ariarne Titmus blasted dirty bedsheets and a stingy allocation of toilet paper. 3 Ariarne Titmus followed other competitors in criticising conditionsCredit: Getty 3 Some athletes complained about spartan roomsCredit: Getty The Aussie retained her 2020 Games’ crown in the 400m freestyle this summer but joined other
Humans have been using gold as both a medium of exchange and a store of wealth for thousands of years. That’s not surprising given the shiny yellow metal properties: it’s virtually indestructible, impervious to corrosion or decay; it’s readily melted into portable forms such as coins, jewelry, and bars; and its supply is limited –
Tom Weller/VOIGT/GettyImages LeBron James changed his profile picture on multiple social media platforms to celebrate USA Basketball’s gold medal at the 2024 Paris Olympics. The Los Angeles Lakers superstar changed his profile picture on X to an image of the entire U.S. men’s basketball team displaying their gold medals. James also changed his Instagram profile
For those longing for an Olympic fix following the thrilling Paris Games, here is some good news for the future: Peacock’s “Gold Zone” will return for the L.A. Games in 2028, and possibly for the 2026 Winter Olympics in Milano-Cortina as well. Molly Solomon, the executive producer and president of NBC Olympics production, confirmed in
The price of gold was trading at $2,436.65 per ounce as of 9 a.m. Eastern time today. That’s a -0.58% change from the same time yesterday and a +28.8% increase from one year ago. Gold price per ounce % Change Price of gold yesterday $2,450.86 -0.58% Price of gold 1 month ago $2,416.08 +0.85% Price
Between 10 million and 20 million miners in more than 70 countries work in artisanal and small-scale gold mining, including up to 5 million women and children. These operations, which are often unregulated and unsafe, generate 37 per cent of global mercury pollution (838 tonnes a year) – more than any other sector. Miners use
Traditionally, a strong dollar and rising bond yields are not good for gold, which doesn’t have a yield of its own. Yet, the spot price of gold has been setting new all-time highs in recent months. On August 11, an ounce hit its latest record price of $2,475.72, up 20% from $2,063.75 at the end
India is the world’s second-biggest gold consumer after China 4 min read Last Updated : Aug 15 2024 | 2:29 PM IST India’s gold imports, which have a bearing on the country’s current account deficit (CAD), dipped by 4.23 per cent to $12.64 billion during April-July 2024-25 due to global economic uncertainties, according to