Only lower grade fines are oversupplied shows new research report.
Having failed in a bid to avoid a price hike in the first two potash import deals for the financial year, fertilizer producers in India expected inward shipments of fertiliser minerals to drop during 2015/16.
Looking at current trends Barclays analysis suggests that India's physical gold demand is likely to be subdued going forward, unless there's a correction in local prices, the bank said Monday.
Once again Asia drove demand, with China and India alone accounting for 54% of the total.
The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.
Chinese import prices surge more than 3% to 10-week high after Beijing's surprise rate cut boosts industry prospects.
It may come as little surprise to those who understand the "fear trade" and the "love trade" in gold, as Frank Holmes of US Global Investors likes to say.
India's Prime Minister Narendra Modi has made a master move in deciding to undertake an official visit to Mongolia this week.
New supply from projects won’t be sufficient to replace production losses from aging operations, the World Silver Survey 2015 shows.
When it comes to major deals in the potash space, 2015 has been a little sluggish.
India's Prime Minster Narendra Modi's plans to shift the country's economy toward manufacturing and away from agriculture and services are being held up by a different kind of coal shortage.
The headline in Pravda trumpeted President Vladimir V. Putin’s latest coup, its nationalistic fervor recalling an era when its precursor served as the official mouthpiece of the Kremlin: “Russian Nuclear Energy Conquers the World.”
As part of the agreement, Cameco will supply 7.1 million pounds (3.22 million kilos) of uranium concentrate to India over the next five years.
One of Australia’s leading uranium development proponents says the country’s natural advantage in delivering clean energy to meet growing global demand, is being eroded by the current policy differences between the states towards uranium exploration and mining.
Canada’s biggest uranium producer is in advanced talks with India on a deal to supply the country of 1.2 billion with fuel for nuclear power plants as Ottawa prepares to welcome Indian Prime Minister Narendra Modi.
New report shows In 2014 volume of gold traded in London, Shanghai, New York and around the globe was 3 times more than all the gold mined in human history.
Despite the overall pessimism, mining CEOs remain just as confident on their own company’s growth as they were in previous years.
Unprecedented meltdown continues as iron ore price suffers worst trading day in more than year on Thursday bringing weekly loss to eye-watering 15%.
As several miners are in the process of shedding non-core operations to survive the current squeeze on the industry.
Gold has not surprisingly found a back door into India, despite import restrictions on the yellow metal that were only recently lifted.
ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.
According to Timetric’s Mining Intelligence Center (MIC), Asian mines are transitioning towards digital mining, as demonstrated by continuing investment in design software and mine surveying.
The move comes amid an ongoing collapse in commodity prices.
According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.
PDAC delegates in Toronto told overnight that emerging powerhouse economies would drive the future global demand for uranium, nowhere more so than that from China and India.
While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.
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