Gold climbs the most in eight years, while copper and oil fall.
USA Mining News
The consequences will likely include a soaring dollar and a falling euro, market volatility and a slide in the prices of some commodities, but Maund has identified ways investors can profit from the chaos.
It is estimated that processing one ton of rare earths these days can generate about 2,000 tons of toxic waste.
The global rare earth market is expected to grow from the $1.4 billion it was worth back in 2010 to $4.1 billion by 2017.
Tesla Model 3 promises to move electric cars from niche to mainstream, spurring larger electric car adoption in transport, according to Wood Mackenzie’s latest research.
Across the board, Americans are finding that the “system” isn’t working for most people in its current state.
A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.
The metal is up more than 20% this year, but gold mining equities have doubled and the sector as a whole has returned 53%.
Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.
The mining giant is said to have hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.
First time a country partners with privates to boost the development of the industry.
Price tag makes it the most expensive fancy intense blue diamond ever sold at auction.
A federal judge has ruled in favour of the firm in lawsuit over alleged pollution at the company's massive Bingham Canyon copper mine.
Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.
An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.
Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year.
The fuel has rallied 50% since February, when it plunged to the lowest since at least 2007.
This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.
Caterpillar will support MINExpo 2016 with an exhibit showcasing machines, technology, expertise and practical knowledge that miners can apply to help address their cost, productivity and efficiency challenges in today’s mining environment.
The results, which surpassed Wall Street expectations, come on the back of a modest increase in service sales and aggressive cost cuts.
While the metal lost nearly 6% in May, its biggest decline in six months, it is up about 15% so far this year.
Improving agriculture with crop-specific satellite images.
Rare earths content was tested using hydrofluoric acid, which is much stronger and more efficient than industrial methods, but is too hazardous to use on a large scale.
Changes sweeping the electricity sectors in Japan and China suggest a hugely uncertain future for coal-fired power and a rapidly increasing risk of stranded assets.
The Russian government aims to make more than 60 billion roubles ($909 million) from selling a 10.9 percent stake in Alrosa, with the sale taking place on the Moscow Exchange this year.