Recent Articles

Gold price: ETF investors, hedge funds catch up to rally

Posted on October 20, 2014

Physical gold-backed ETFs enjoy inflows for the first time in five weeks,while hedge funds add to bullish positions after eight weeks of reductions.

Copper price back below $3 on supply worries, Chinese GDP

Posted on October 20, 2014

Chinese economy expected to grow at slowest pace since 2009 just as flood of new supply enters the market.

CHART: Gold price vs dollar shows true extent of rally

Posted on October 17, 2014

Based on past performance of the gold price relative to trade-weighted dollar index, gold should be touching $1,000 an ounce now.

Copper price below $3 as mines add a million tonnes

Posted on October 16, 2014

Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.

New projects need $90-$100 iron ore – UBS

Posted on October 16, 2014

Big three successfully defending their oligopoly says new report.

Ebola strikes down West African iron ore company

Posted on October 16, 2014

Bankrupt London Mining's Marampa mine in Sierra Leone hit by iron ore price falls, slow ramp up and viral outbreak.

Iron ore price crushed again

Posted on October 16, 2014

Those calling a market bottom after Monday's surge and Chinese import gains may have been premature.

100-YEAR CHART: Gold price vs Dow Jones shows metal still cheap

Posted on October 15, 2014

Gold price hits 5-week high Wednesday as stocks drop but gold's gains could've been greater if not for strong dollar.

BlackRock blames Ebola for London Mining mess

Posted on October 15, 2014

And the rapid fall in the iron ore price, the Sierra Leone miner's dispute with Glencore and the slow rampup. But especially Ebola.

China's inland mills could be in market for 300mt seaborne iron ore

Posted on October 15, 2014

New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.

Prestigious book prize saves author from mining

Posted on October 15, 2014

Australian winner of Booker Prize said the $80,000 award means he doesn't have to become a mine worker anymore.

Oyu Tolgoi copper, gold output forecasts slashed

Posted on October 14, 2014

Vancouver-based Turquoise Hill blames "delayed mine advancement" at massive Mongolian property.

Investors sold heavily into gold, silver price rally

Posted on October 14, 2014

Hedge funds cut bullish bets for eighth straight week and ETF investors grab chance to cash out amid 3%-plus rally in the price of the precious metals.

Ship laden with Arctic nickel on historic Northwest Passage voyage

Posted on October 3, 2014

The polar class vessel is loaded with a cargo of nickel concentrate from Nunavik’s Deception Bay destined for the port of Bayuquan, northern China.

September precious metal price meltdown

Posted on September 30, 2014

Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the month.

Large investors, retail buyers abandon gold market

Posted on September 29, 2014

Holdings in gold-backed ETFs fall to five-year low while hedge funds cut bullish bets on the gold price 20% to lowest since January.

Rio Tinto-Mongolia deal on Oyu Tolgoi expansion 'days away'

Posted on September 26, 2014

We've heard this before.

INFOGRAPHIC: Vale's gigantic ore carriers

Posted on September 26, 2014

The world's largest dry bulk cargo ships capable of carrying 400,000 tonnes, more than twice the size of competitors' fleets.

Vale orders 10 more mega-carriers

Posted on September 26, 2014

Brazilian giant's Valemax vessels capable of carrying double the ore of competitors' fleets changes the China export game.

BHP freezes executive pay

Posted on September 25, 2014

CEO Andrew Mackenzie's pay package is already only half that of his predecessor.

CHART: BHP before and after spin-off

Posted on September 25, 2014

Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.

Iron ore trade to grow 35% over five years

Posted on September 24, 2014

Top iron ore miner Vale expected claw back market share from Australian competitors thanks to its Serra Sul mine and use of Valemax mega-carriers.

Valemax ban 'effectively' lifted

Posted on September 24, 2014

Mega-carriers docking in China will see Brazilian giant Vale double export volumes to China over the next five years.

Iron ore price below $80

Posted on September 23, 2014

Lowest since September 7 2009

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.

More »