Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
Beijing has launched a five-month campaign that aims to finally crackdown on illegal extraction and smuggling of the coveted elements.
The sale price includes future payments of $50 million if certain coal benchmark prices reach specified levels over the next five years.
While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.
Based on past performance of the gold price relative to trade-weighted dollar index, gold should be touching $1,000 an ounce now.
After a prolonged period of low volatility as funds invested in ever-greater risk, markets have snapped and volatility has jumped.
The miner said the move was driven by its revised pricing outlook and adverse market conditions.
Talbot explains the turbulent currents roiling the uranium space, and names eight players he thinks are positioned just right.
In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated.
Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
Peter explains China's ongoing boom and what it means for their favorite commodity – gold.
“We have all had the experience of seeing goods on sale and procrastinating, and later on seeing them priced much higher. You think to yourself ‘I really wish I’d participated.’ Those are the kinds of times that get referred to as ‘the good old days.’”
The dollar is significantly overbought relative to crude oil. The dollar is up almost two standard deviations, crude oil down almost one standard deviation.
The damage inflicted across global markets is quite significant.
Is there any hope on the horizon for the gold funds?
The news comes as local miners argue that federal directives are redundant and lengthy.
The gold price was stronger on Thursday morning, having earlier spiked above a key resistance level following the release of the FOMC minutes that highlighted concerns among officials over the growing gap between the strengthening dollar and weakening global economy.
Hedge fund billionaire John Paulson staged an impressive comeback in 2013 following three very tough years for his Paulson & Co. hedge funds, but his rebound crashed badly in September, leaving some of his most important funds down deeply in 2014.
Figure is based on preliminary assessments of the damage caused to water, flora, fauna, and wildlife, as well as official information on water quality.
The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.
The still-rising shale energy boom is moving the United States ever closer to energy independence. This means drilling activity is skyrocketing — and will continue to be heavy for years.
Anglo's chief warned the company plans to take severe measures over the next two years.
Gold was unchanged on Wednesday as growing concerns over the global economy prompted safe-haven bids, while the return of top consumer China from a week-long holiday also lifted prices.
Calgary-based Baytex Energy reached settlement with a group of families who claim were forced from their farms over odours.
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