Commodity News

The firm will melt down the zinc to use at its coating plant in Cumbernauld. The ship and its cargo had lain at the bottom of the Atlantic Ocean until 2006 when a company called Subsea Resources started the process of recovering it using a special vessel fitted with a remotely operated grab.

Gold exchange traded funds (ETFs) haven’t been shining quite the way they did last year; year-to-date, they’re up a scant 2% or so. But those who extract and produce the gold aren’t letting that get them down.

Magic bullets, also called silver bullets, because of the folkloric belief that only silver bullets can kill supernatural creatures, remain the goal of drug development efforts today. The gold bullets are gold nanocages that, when injected, selectively accumulate in tumors. When the tumors are later bathed in laser light, the surrounding tissue is barely warmed, but the nanocages convert light to heat.