Merger and acquisition activity in the global mining sector appears to be slowing after the busiest half-year on record, PricewaterhouseCoopers said Wednesday.

STORIES OF INTEREST:

South Africa Gross Reserves Up On Gold Strength, Weak Dollar

JOHANNESBURG (Dow Jones)--The South African Reserve Bank's gross gold and foreign exchange reserves shot up by $1.3 billion to $51.4 billion in August, data released Wednesday showed, driven by record gold prices and a weak dollar.

MARKETS:

PRECIOUS METALS: Stock Rally Pushes Gold Down 3%

NEW YORK (Dow Jones)--Gold posted its second day of losses as investors were tempted to shed the store of value asset in favor of chasing robust gains in equity markets.

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