Nov 11, 2009 -
Barrick shuts hedge book as world gold supply runs out
Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold.
By Ambrose Evans-Pritchard, International Business Editor
Published: 7:20PM GMT 11 Nov 2009
Comments 11 | Comment on this article
Pouring gold bullion - Barrick shuts hedge book as world gold supply runs out
Liquid gold: Gold is poured from the induction kiln Photo: JULIAN SIMMONDS
Aaron Regent, president of the Canadian gold giant, said that global output has been falling by roughly 1m ounces a year since the start of the decade. Total mine supply has dropped by 10pc as ore quality erodes, implying that the roaring bull market of the last eight years may have further to run.
- 1 Comment
Oct 13, 2009 -
Written by Sherwood Ross
Posted: 13 October 2009 10:06
Tne reason for the decline of newspaper circulation is that 42 million Americans are illiterate and roughly 50 million more are semi-literate, Pulitzer Prize-winning journalist Christopher Hedges says. What’s more, he adds, 80 percent of U.S. households last year did not buy a book.
- 29 Comments
Sep 25, 2009 -
The Dog Ate Global Warming
Interpreting climate data can be hard enough. What if some key data have been fiddled?
By Patrick J.
- 5 Comments
May 10, 2008 -
Clive Owen is the talented English actor who recently made it big in Hollywood with the movies Closer and King Arthur.
The actor Clive Owen has been wowing British audiences since the tv series Chancer back in 1990. However, with roles in Closer and King Arthur, he has now become an international star.
- 1 Comment
Sep 12, 2007 -
Christina María Aguilera (born December 18, 1980) is an American pop singer and songwriter. She was signed to RCA Records after recording "Reflection" for the film Mulan. She came to prominence following her debut album Christina Aguilera (1999), which was a critical and commercial success.
- 0 Comments
Dec 25, 2008 -
GLOBAL warming preachers have had a shocking 2008. So many of their predictions this year went splat.
Here's their problem: they've been scaring us for so long that it's now possible to check if things are turning out as hot as they warned.
- 30 Comments
Oct 02, 2008 -
If we had to choose one good thing (and there are many) from Tim Dickinson's profile of John McCain in the new issue of Rolling Stone, it would be the plethora of insults that Dickinson finds to amuse the reader. I mean, if you're at all like us, the same-old McCain insults — old, out of touch, unfunny, wrong on the issues, quick-to-anger, Cap'n Crappypants — are getting boring. That's why we decided to round up the new ones...
- 4 Comments
Apr 22, 2007 -
OMG. I weigh more than Ross the intern.
:(
- 3 Comments