Recent Articles

Iron ore price enters free fall

Posted on March 31, 2015

3.6% plunge to just above $50 a tonne on Tuesday brings year to date losses to 28%.

Less than half of copper projects needed to meet demand

Posted on March 31, 2015

New report identifies 231 existing copper projects with potential output of nearly 13m tonnes which will more than make up for long-term mine depletion.

Semafo outlines 1.1m oz gold at Burkina buy

Posted on March 31, 2015

Montreal company's shares are up 26% in 3 weeks following acquisition of Natougou gold deposit in Burkina Faso after $147m takeover of Orbis Gold.

UPDATE: Teck shares drop after denying merger talks

Posted on March 30, 2015

Vancouver-based company contradicts earlier Bloomberg report saying it is in talks with Chile's Antofagasta about combining copper assets.

Fresh iron ore price plunge

Posted on March 30, 2015

Iron ore price falls more than 2% on Monday bringing 2015 losses to 25%. Next stop $45 a tonne says new report.

Gold price falls back into red for 2015

Posted on March 30, 2015

Rally above $1,200 prove short lived with gold trading down 1.5% as save-haven buying dries up and investors move back into stocks, bonds and the dollar.

Barrick to keep operating Zambia Lumwana mine

Posted on March 27, 2015

Zambian government rethinking steep royalty hikes that went into effect on January 1.

Copper price falls as Chile brings 1.6mt back on line

Posted on March 27, 2015

Copper down nearly 2% as torrential downpour that shut many of the country's biggest mines is not expected to impact oversupplied market.

Iron ore price output caps called 'hare brained'

Posted on March 26, 2015

Rio's Sam Walsh says any scheme to artificially prop up prices hovering at six-year lows is "physically not going to work."

$60 billion for mining private equity a myth

Posted on March 26, 2015

Looking for an exit or a lifeline? Look further says $8 billion fund manager.

Gold price leaps past $1,200 on safe haven buying

Posted on March 26, 2015

Gold price jumps nearly 2% as Egypt gets involved in Yemen conflict, but resurgent dollar cuts into gains in New York trading.

PHOTOS: Black market gold

Posted on March 26, 2015

Email offer with pics of "perennial supply" of "superior quality" bars and dust. Seems legit…

Study: Dollar gyrations to light fire under gold price

Posted on March 26, 2015

Amid the greenback's best run since 1970s new WGC study reveals gold prices rise twice as much when dollar weakens versus declines during USD strength.

Mining private equity: It's Davis or bust?

Posted on March 25, 2015

Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.

Gold price just short of $1,200 as 'cautious optimism' returns

Posted on March 25, 2015

Weaker dollar helped gold price add to gains on Wednesday, but stronger demand fundamentals are also boosting the metal says HSBC in new report.

CHART: Gold-silver ratio nearing trend reversal

Posted on March 24, 2015

When the ratio is falling as it is now, both silver and gold usually go up.

M. Stanley slashes metals outlook on 'dormant' China

Posted on March 24, 2015

Investment bank cuts 2015 nickel price forecast by 19%, while copper price estimate is slashed as market moves into oversupply.

Iron ore price claims another victim

Posted on March 17, 2015

Sweden's Dannemora stop production over liquidity problems.

April Simandou auction amid new low in iron ore price

Posted on March 17, 2015

Iron ore fell to a new 7-year low on Tuesday, but Guinea is pressing ahead with the auction of north Simandou, the richest undeveloped deposit in the world.

Investors believe end nigh for cult stock Molycorp

Posted on March 17, 2015

Once a $70 share, Molycorp investors on Tuesday were dumping holdings at 49c after cash burn rate showed maybe two quarters left without injection.

BHP's South32 spinoff to cost $738m

Posted on March 16, 2015

Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.

Molycorp tanking after wider loss

Posted on March 16, 2015

Better production numbers at its California mine couldn't stop the red ink at rare earth miner.

After Finland buy, fund seeks met coal, base metal mines

Posted on March 16, 2015

Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.

PICS: Underground mine turned into modern office space

Posted on March 16, 2015

Companies begin to take up 5 million square feet of warehouse and office space available in converted limestone room-and-pillar mine near Kansas City called SubTropolis.

Hedge funds cut bullish gold price bets 60% since January

Posted on March 16, 2015

"Managed money" speculators in gold futures slashed positions that prices will go up for six week in a row ahead of Wednesday's crucial Fed announcement.

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