New study says in a post-China boom world geological shortage becomes a stronger driver of prices than demand – and even coal will need new mines.
Gold-copper ratio highest since 2011
Platinum remains at record discount to gold.
HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.
The coins’ excellent condition indicated that the owner systematically stashed them away shortly after they were made, the archaeologists said.
The 50/50 joint venture, momentarily named Project Corridor, is expected to help slash development costs as metal prices have dropped to multiyear lows.
Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery.
Small-scale miners are being forced out at gunpoint or extorted to work for the armed groups that are taking over their operations. These gangs later sell the gold in the U.S., a report reveals.
The ongoing slump in copper prices spells trouble for Chile's mining industry, where most medium-sized producers are already unable to make a profit.
Learn about this, as well as mining's contributions to Manitoba in wealth and safety.
The latest report shows that overall worldwide demand for Gold soared by a whopping 33%.
Due to a mechanical issue detected at its jointly owned Dominican Republic-based mine.
CHART: China fears see hedge funds enter unprecedented bearish position on major commodities including crude oil, gasoline, gold, copper, corn and wheat.
Chart: Hedge funds dump 368 tonnes of gold in just three weeks to enter second most bearish futures position ever.
A recent decision by Peru’s government to require mining companies to carry out prior consultation with indigenous communities is set to further complicate the investment climate.
Its project would sit on top of the Gramalote deposit, a joint venture between AngloGold Ashanti and B2Gold that could become one of the first modern commercial scale gold mines in Colombia.
After five trying years, RAB Capital Founder and President Philip Richards sees the light at the end of the tunnel.
Doctor copper, can no longer be viewed as a leading indicator, in fact, a name change might be in order.
The US Dollar Index is nearing 100 yet again, but has not broken through.
The bear market in the gold miners has been one for the record books but it is not over yet.
A terrorist attack on a hotel in Mali on Friday that left 14 dead has a Canadian mining connection. (Screenshot from BBC News report posted to Youtube.)
Exports suspended for nearly two months over building of smelter.
Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.
Indian households sit on 20,000 tonnes and the Modi government's two-week old scheme to bring gold into the financial system looks like a spectacular flop.
A miserable $400 million down from a high of $4.6 billion in 2012.
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