For thousands of years of development as a species, humans never really needed to understand the real meaning behind big, unreachable numbers such as billions or trillions.
Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.
The ironic thing is that futures speculators fantastic Q2 2013 gold-downside bet hasn’t worked very well since then.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
There's a history there of course. Just ask Mick Davis.
Palladium drops sharply from 13-year highs. Sister metal platinum close to wiping out 2014 gains.
But platinum slide continues despite Ukraine escalation.
Capital raising for exploration up more than 32%.
Gold and silver have value as hedges against a devaluation of the dollar, while platinum is viewed as an industrial commodity.
Supply fears have pushed prices higher, but industry worries are shifting to softening demand.
It hit $900 a troy ounce for the first time since 2001.
The rebooting of its Kusasalethu mine provides a stark warning for those banking on South Africa's platinum sector making a swift recovery.
Still only 2% of global spending on infrastructure projects according to new report.
Write-downs also hurt bottom line, yet production robust.
China produces 20 million vehicles a year and has to double the average palladium load to catch up with US emissions standards.
Better access to US minerals would encourage manufacturers to return.
The mines account for over half of the company's workforce but only a quarter of production.
Output from the rest of Anglo's diversified mining assets rose, but it wasn't enough to offset underperformance at its platinum mines.
The firm warned first-half profit may drop as much as 96%.
The National Union of Metalworkers in South Africa (NUMSA) has rejected the latest offer because it didn't include a double-digit wage increase for all three years.
We didn’t see a lot of large moves.
The United States’ duplicative permitting process is a deterrent to investors.
South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.
The firm is offloading some of its historic South African platinum mines as part of a $4bn sale of under-performing assets.
Smart money playing catchup after three weeks of gold price gains add record number of net long positions for the week to 12.1 million ounces.
New report says risks to supply remain substantial.
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