Viability of gold mining in Cyprus still open to question
Cyprus gold deposits may get highlighted in periodic announcements by prospecting companies but the viability of gold mining on the island is far from confirmed,...
gold
Gold subdued as US data backs Fed rate stance
Gold edged lower on Friday as robust US economic data was seen as fodder for the Federal Reserve to keep interest rates high for longer,...
Gold edges higher as investors weigh Fed slowdown chances
Gold prices inched higher on Thursday as investors weighed the chances of the US Federal Reserve slowing its pace of interest rate hikes. Spot gold...
Second-hand jewellery sales to be taxed
Lawmakers on Monday began discussion of a bill seeking to tax the sale of second-hand jewellery and precious metals. In recent years, particularly in the...
London’s High Court rules against Venezuela’s Maduro in $1 bln gold battle
London’s High Court has rejected President Nicolas Maduro’s latest efforts to gain control of more than $1 billion of Venezuela’s gold reserves stored in the...
With inflation, gold notes and cards find their way into America’s wallet
With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining purchasing power of the US...
Gold set for worst year since 2015 on fading safe-haven demand
Gold was set for its worst year since 2015 on Friday as a global economic recovery caused safe-haven flows into the metal to ease and...
Exploratory drilling for copper launches
Venus Minerals Ltd, a Cyprus-based exploration company, has started exploratory drilling for copper in Kokkinoyia, one of its licence areas, it announced on Tuesday. The...
Suspect in gold robbery fraud remanded in Limassol
A 43-year-old man from Limassol was remanded for five days on Friday by the Limassol court on suspicion of stealing nine kilos of gold in...
Copper, gold prospects in Troodos, British mining company says
A London-based company, Chesterfield Resources, has identified copper and gold prospects in the western Troodos area, the head of the company Martin French told IGTV’s...
