Recent Articles

Gold mining stocks take another beating

Posted on September 19, 2014

Historically September is the best month for the gold price and gold stocks, but 2014 has turned the market on its head.

Fresh selling hits gold price

Posted on September 19, 2014

Gold price dips nearly 1% to fresh 2014 low on Friday, but some signs of physical Asian buying emerge.

What will Ivan buy next? Take 2

Posted on September 18, 2014

"All that's required is to hand the world’s best mining assets to the world’s best management."

Rock drill runner up in Dyson design award

Posted on September 18, 2014

Humber College's Borys Chylinski selected as a Canadian runner up for the James Dyson Award for his Skorpion compact underground drill carrier.

Diamond market grows to record $79 billion

Posted on September 18, 2014

But new report by De Beers cautions that declining production could see the industry lose ground to other categories.

First Quantum suspends Mauritania operations

Posted on September 18, 2014

Strike action closes Guelb Moghrein copper-gold mine which accounts for 10% of Vancouver company's copper output and a quarter of its gold production.

Fed wipes out 2014 gold price gains

Posted on September 17, 2014

Gold price drops to levels last seen in 2013 as Fed continues to withdraw economic stimulus and the dollar surges.

Australia govt forecast: Iron ore price below $100 for 5 years

Posted on September 17, 2014

Iron ore will recover to above $90 a tonne over the medium term, but dips to low $70s not ruled out.

Inside potash potentate's $300m yacht

Posted on September 17, 2014

Andrey Melnichenko is taking Uralkali and Potashcorp head on by building two $5bn potash mines, but spent the summer cruising from Ketchikan to Seattle.

Barclays cuts gold price forecast

Posted on September 17, 2014

Investment banks sees steady price erosion for rest of the year and an average of $1,180 an ounce in 2015 against a "bearish macro backdrop" for the metal.

Uralkali: No plans to bring back Russia-Belarus potash pact

Posted on September 16, 2014

No going back to clubby system of tightly controlled global supply and set prices that served North American and European producers so well in the past.

China a buyer amid 'colossal imbalances' in central bank gold hoards

Posted on September 16, 2014

As in the retail gold market, there's a giant sucking sound in the official sector going East.

Iron ore rally turning into dead cat bounce

Posted on September 16, 2014

After 4% surge on Monday, benchmark prices resume slide.

Escondida surprise lights fire under copper price

Posted on September 16, 2014

News of labour action at world's largest copper mine sends red metal 2.6% higher.

Turquoise Hill tax break revives Oyu Tolgoi expansion

Posted on September 16, 2014

Work on feasibility study for $6bn underground expansion of massive Mongolian copper-gold mine can resume after confirmation tax dispute is settled for $100m less.

What will Ivan buy next?

Posted on September 15, 2014

A GlenTinto is not as far-fetched as it sounds.

India gold imports rocket 176%

Posted on September 15, 2014

But domestic premiums of just $5 an ounce show demand is not as frenzied as last year when gold traders demanded as much as $170 above London price.

Newstrike surges after strong Mexico PEA

Posted on September 15, 2014

Capex of $164m for 116,000oz gold, 239,000oz silver over a 8.2 year life for Ana Paul mine in Guerrero gold belt, Mexico.

Anglogold drops spin-off, rights offer plans

Posted on September 15, 2014

Investors unhappy with $2 billion equity raising convinces world number three producer to drop restructuring plans.

Iron ore price in stunning turnaround

Posted on September 15, 2014

Up nearly 4% on Monday; rallying after weeks of intense selling.

$8bn mining private equity needs to be spent. And soon

Posted on September 14, 2014

Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.

Pain for gold, silver price as hedge fund slash bullish bets

Posted on September 14, 2014

With gold near 2014 lows and silver not far off levels last seen in 2010, speculators are positioning themselves for another week of falls.

China's war on pollution is finally moving coal prices

Posted on September 13, 2014

The latest restrictions on production, consumption and imports could drive prices 10% higher by the end of the year.

Turquoise Hill up 22% after Oyu Tolgoi tax bill slashed

Posted on September 12, 2014

Mongolia knocks $100m off tax claim to revive expansion of massive copper-gold mine owned by Rio Tinto unit Turquoise Hill.

Gold price erases most of 2014 gains

Posted on September 11, 2014

Geopolitical risk premium evaporates, dollar surges and focus shifts to US monetary policy.

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