Investor joins John Paulson’s push for gold mining firm’s sale
A Canadian gold-miner is facing mounting pressure from New York hedge funds to put itself on the block. Hedgie John Paulson has been pushing Detour Gold to consider a sale after learning last week that...
View ArticleMan who found golf ball-size gold nugget kept it a secret for two years
An amateur prospector discovered what’s believed to be the UK’s largest gold nugget in a Scottish river and then largely sat on his find — for two years. The Briton, who reportedly wishes to remain...
View ArticleFor the low, low price of $127K you too can have a gold iPhone
Everyone already regards iPhones as among the ultimate status symbols, with an army of fans that don’t care how expensive the pricey handsets get. They will snatch up each new release, as reliably as...
View ArticleMiners unearth more than $11M worth of gold in Australia
In a “once-in-a-lifetime discovery,” miners in Western Australia have unearthed massive rocks encrusted with more than 9,000 ounces of high-grade gold and worth millions of dollars, according to...
View ArticleJohn Paulson appeals to shareholders of gold mining company
John Paulson may be losing his Midas touch when it comes to this Canadian gold miner. The billionaire hedgie behind Paulson & Co — who famously pocketed $4 billion after betting against subprime...
View ArticleJohn Paulson teams up with investors to start Gold Council
John Paulson is taking on the gold industry. The billionaire hedgie — known for his well-timed bets against subprime mortgages ahead of the financial crisis — has teamed up with 15 other investors to...
View ArticlePopeyes offering 24-karat, champagne-covered wings
Four Popeyes restaurants are using the gold standard in a one-day promotion. The chicken chain announced a special menu item — its 24 Karat Champagne Wings — in a Thursday news release. The company...
View Article$1.1M in gold bars found in plane bathroom
Workers cleaning the bathroom of a jet that had landed at an airport in India found more than dirty towels left behind – they also discovered $1.2 million in solid gold bars. “It was quite a surprise,”...
View ArticleUS sweeps medals in men’s slopestyle skiing
KRASNAYA POLYANA, Russia — The U.S. has swept the podium in men’s slopestyle skiing. Joss Christensen soared to gold in the sport’s Olympic debut, posting a score of 95.80 to beat teammates Gus...
View ArticleIran’s top leader doubts nuclear talks will succeed
TEHRAN, Iran — Iran’s top leader said Monday that he doubts talks aimed at sealing a final deal between Tehran and Western powers over the Islamic Republic’s disputed nuclear program will succeed, a...
View ArticleCouple stumbles upon millions in buried treasure
LOS ANGELES — A Northern California couple out walking their dog on their property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old...
View ArticleWhere’d that Calif. couple’s backyard windfall come from?
LOS ANGELES — Word last week that a Northern California couple found $10 million in gold coins while walking their dog has set off a gold rush of theories over who left behind all that loot. One is...
View ArticleBarclays slapped with $44 million fine over gold price fix
Barclays Plc has been fined $43.8 million for failures in internal controls that allowed a trader to manipulate the setting of gold prices, just a day after the bank was fined for rigging Libor...
View ArticleDubai creates wine with 24-carat gold but no alcohol
Dubai built the world’s tallest building, put a ski slope inside a shopping mall and gave its cops a Lamborghini for a police car. Where else would you sell a $150 bottle of ‘halal’ non-alcoholic...
View ArticleGold should appreciate as economy declines
It’s a gold-en opportunity despite signals to the contrary, says Ed Moy, former director of the US Mint. “Precious metals should benefit from the fragile and declining state of the global economy and...
View ArticleA golden opportunity for Republicans in ‘16
What’s going to be the Republicans’ answer to President Obama’s malarkey about “middle-class economics”? He used the phrase repeatedly. “The verdict is clear,” he told Congress in his big speech this...
View ArticleChinese government might seize farmer’s 17-pound gold nugget
HONG KONG — Remember the lucky Chinese herdsman who recently stumbled onto a 17-pound gold nugget? Well, it seems China’s government hasn’t forgotten, as the nugget’s finder may now be forced to...
View ArticleAmericans poop up to $4.2B in precious metals every year
Poop could be a gold mine — and that’s no load of crap! You could be flushing a fortune in feces down the toilet in the form of tiny nuggets of gold and other precious metals that could be mined,...
View ArticleHow secret gold mines are tearing the Ivory Coast apart
An Ivory Coast special report: Interviews with more than two dozen military insiders, diplomats, U.N. officials, local authorities, analysts and miners also reveal that the network of former rebels...
View ArticleBuried Nazi gold discovered in Germany
An amateur archaeologist in Germany has found a historic collection of gold coins worth around 45,000 euros, probably buried during the Nazi era or shortly after World War II, experts said on...
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