World Gold Council and Choron Bring Gold Expressions to Russia

World Gold Council (WGC), the organisation formed and funded by the world’s leading gold producers, has today announced that it has partnered with a leading Russian jewellery manufacturer, Choron, to bring the Gold Expressions jewellery collection to Russia for the very first time. Choron will present Gold Expressions at the New Russian Style Fair 2008 in Gostiny Dvor, Moscow, from the 22-25... 

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Copper, Nickel Lead Metal Gains on Chinese Economic Growth

Copper rose the most in two weeks in London and nickel traded at a record for a seventh day after China, the world’s largest consumer of industrial metals, said its economy expanded at the fastest pace in 11 years. Gross domestic product in China expanded 10.4 percent in the fourth quarter from a year earlier, the National Bureau of Statistics said in Beijing today. The world’s fourth-largest... 

Venezuela Delays Vote on Proposed Mining Legislation

Venezuela will delay a final vote on legislation that would eliminate some mining concessions, seeking more time to discuss the bill with small miners, Basic Industries and Mining Minister Jose Khan said. Khan told reporters outside a congressional ceremony today in Caracas that approval by the end of the year is possible. Legislators in the government’s ruling coalition had said several months... 

Volatile prices to dim gold’s glitter

High and volatile prices will continue to scare physical gold buyers in most parts of the world, but some markets such as China and Japan will remain strong, bullion dealers said. Analysts say a majority of buyers are still not ready to cope with the wide price fluctuations that lowered global demand in the past quarters, especially in price-sensitive markets like India – the world’s largest...