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Channel: gold | New York Post
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Man 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...

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For 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...

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Miners 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...

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John 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...

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John 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...

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Scientists figure out how to make ‘gold’ from cheap copper

Scientists in China have learned how to turn cheap copper into “gold” — and it could have a significant impact on the price of precious metals. The Chinese research team managed to turn cheap copper...

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Newmont Mining to buy Canadian gold miner for $10B

DENVER — Newmont Mining will buy Canada’s Goldcorp for $10 billion, creating the world’s biggest gold miner. The combined company could log gold production of 6 million to 7 million ounces over a...

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Russian airplane in Venezuela sparks rumors of gold theft by Maduro ally

The sudden appearance of a Russian jetliner at an airport in Caracas this week fueled rumors that embattled President Nicolas Maduro’s ally was going to help him swipe 20 tons of Venezuela’s gold...

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Venezuela’s Maduro to sell gold reserves to prop up regime

Venezuelan President Nicolás Maduro is preparing to sell a large portion of his country’s gold reserves for cash in a desperate attempt to keep his failing regime solvent, according to a report....

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UAE firm says it bought 3 tons of Venezuela gold

DUBAI, United Arab Emirates — An investment firm in Abu Dhabi says it has bought some 3 tons of gold from Venezuela amid that country’s political turmoil. Abu Dhabi’s Noor Capital posted a statement on...

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Tokyo’s 2020 Olympic medals to be made from discarded phones, cameras

TOKYO — Tokyo Olympic organizers say they expect to collect enough obsolete electronic devices by the end of March to reach the amount that will be required to manufacture all Olympic and Paralympic...

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Collapse of unlicensed gold mine in Indonesia buries dozens

JAKARTA, Indonesia — The collapse of an unlicensed gold mine in Indonesia’s North Sulawesi province has buried dozens of people, a disaster official said Wednesday, as emergency personnel used their...

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Deaths from Indonesia mine collapse rise to 6, dozens still buried

BOLAANG MONGONDOW, Indonesia — Rescue workers used makeshift stretchers to haul victims of an Indonesian gold mine collapse through steep jungle terrain to safety, as the death toll rose to six...

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Family finds gold nugget worth $24,000 while walking their dog

An Australian family experienced a stroke of good fortune when they found a gold nugget — valued at tens of thousands of dollars — while they were walking their dog.

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Peru’s special forces confront illegal gold mining in Amazon rainforest

Peruvian police and soldiers try to stop illegal gold miners that are destroying the Amazon rainforest.

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Federal Reserve facing uncertainty ahead of interest rate decision

The Federal Reserve sounded a lot more hawkish this week — meaning members suddenly seem less amenable to interest rate cuts. I explained in my last column how the Fed has been getting mixed signals...

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Gold nugget found in Australia actually a four-billion-year-old meteorite

A mysterious rock that was found by a gold prospector in Australia turned out to be something out of this world — literally.

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Brazilian police arrest suspect in $29M gold heist at airport

SAO PAULO — Brazilian police said on Sunday they arrested one person and are seeking an arrest warrant for another in connection with the theft of a gold shipment at São Paulo’s international airport...

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Summer’s hottest jewelry trends: Friendship bracelets to yellow gold

Summer is the season of bold bijoux! From jewelry that conjures old sleepaway camp memories, to sleek statement pieces that are perfect for hot August nights, we’ve rounded up the five biggest bauble...

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Scientists create world’s thinnest gold at 2 atoms thick

Gold that’s just two atoms thick has been created in a lab by British scientists. The “world’s thinnest gold” is one million times thinner than a fingernail – and is so thin, it’s technically regarded...

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