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Today's Headlines
Anas' Illusionary Pot of Gold (2)
Posted on: Tue 15 Nov, 2011.
"The fraud business is like the Al-Qaeda network. Al-Qaeda has a motive and mission of revenge. In our case, it is revenge on what the colonial masters did to our grandparents in the olden days. That is the money that we are collecting back from them (through the scams). When they came to Africa, they carried our grandparents and gave just one bottle of wine and left. Now we are taking the money back. We are taking the money back. All the work that our grandparents did in America, in London, in Europe, we are coming back to collect the money. That is the motive and the mission". Read more...

Mexico buys 90 tonnes of gold
Posted on: Wed 04 May, 2011.
Mexico's central bank bought more than 90 tonnes of gold between January and March, according to figures from the International Monetary Fund (IMF). Read more...

Uganda opens refinery for Congo gold
Posted on: Thu 06 May, 2010.
The first gold refinery in Uganda has opened in the capital, Kampala. Read more...

Chavez takes over biggest gold mine in Venezuela
Posted on: Thu 06 Nov, 2008.
CARACAS (AFP) - Venezuela will take over and nationalize Las Cristinas, the biggest gold mine in the country owned by Canada's Crystallex, Mining Minister Rodolfo Sanz said Wednesday. Read more...

Diamond found in Lesotho among largest ever: company
Posted on: Sun 21 Sep, 2008.
LONDON (AFP) - Gem Diamonds, a London-listed mining firm, said on Sunday it had recovered a 478 carat diamond from its mine in Lesotho: the 20th-largest rough diamond ever found. Read more...

China finds big gold mine, reserves of over 20 tonnes
Posted on: Mon 07 Jul, 2008.
China National Gold Group Corporation (CNGGC) said on Monday it had found a new vein with an estimated 15 tonnes of gold at one of its mines. Read more...

Why Is Gold Expensive?
Posted on: Fri 09 May, 2008.
There are three reasons why people have always placed a high value on gold : its beauty, its usefulness, and its scarcity. If iron were as scarce as gold, it would probably be just as treasured. Read more...


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