Billions wiped from mining sector as gold, silver prices fall and copper, iron ore prices plummet to 2009 levels amid Chinese stock market collapse.
Our infographic today is based on this report, and it breaks down the last year for this elite group
Getting — and keeping — a social license to operate, as well as resource nationalism, remain among the top five business risks for the industry.
Successful resource investors have to make their way past a lot of money pits before they find a stock that will make it to the top.
Latest futures data show hedge funds cutting bullish positions 55% to lowest since October 2006 and pushing bearish bets to all-time high.
He was found guilty of issuing illegal tax exemptions to a gold audit firm, which cost the government millions of dollars in lost revenues.
I guess you could say it is not necessarily a good thing for the planet, but one of the few I guess industries or individuals that do benefit from a warming earth are us, exploration geologists.
Companies are keen to avoid a repeat of last year’s five-month platinum strike, but their ability to raise salaries is limited.
The code, which is yet to be formalized into law, respects clauses in existing deals, said the miner.
Over the last few years, Bitcoin has gained a reputation as an investment commodity. It has been toted as a method to preserve wealth and to hedge against currency devaluation as bitcoins cannot be “printed”.
The move is part of a plan to sell the government's holdings in 10 state-owned companies over this year and next to boost foreign investment and revive growth.
We need some leadership, people.
One wonders then how much greater the value-destruction in the sector would be if these properties were properly removed from the books of their current holders.
History teaches us that economic dominance is never permanent.
The BCSC has placed the Company on the Commission's Issuers in Default List as a result of NI 43-101 compliance issues regarding the resource estimate in the recently filed Ulu technical report.
The extension is for the miner's permits for emissions into the atmosphere and waste disposal into the tailings pond.
The world's biggest producer and consumer of the metal sees a golden opportunity to expand its pricing power.
The nation has successfully repatriated part of its gold holdings that had been frozen as part a number of sanctions imposed by the U.S. and other global powers over its nuclear program.
The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.
The B.C. government did not fail in its duty to proactively disclose concerns that had been raised over the Mount Polley tailings pond, the province's Information and Privacy Commissioner said Thursday.
The metal cut some losses on Thursday, rebounding slightly from a 3-1/2 month low after data showed the U.S. labour market to be weaker than expected in June.
There will be no relief any time soon from gold’s worst losing streak in almost two decades, according to the most accurate forecaster for precious metals.
There is no reason for gold to get any love now because this is a political crisis, not a currency crisis. The primary reason you buy the "barbarous relic" that is gold is fear of a global currency crisis.
Negotiations between the parties, however, are expected to continue over the summer.
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