Near one-month high on chaos in Iraq, threats of Russian invasion of Ukraine and a sharp pullback in equities.
Conflict forcing coal mines to cut output, close.
Tax promises to cripple new energy sector investment.
Host of competing factors trap precious metal
Emerging markets may give support going forward.
Event increases global tensions and demand for safe-haven metal.
US data, ECB meeting also in spotlight
After months of debate the outcome is that supplies have been “reduced to zero.” The news failed to lift demand for coal.
At the end of 2013, I was very bullish on uranium as I believed the end of the 20 year Russian Nuclear Agreement would spark a rally as utilities would have to buy in the spot market.
Separatists seized Thursday four Ukrainian coal mines in the east of the conflict-torn country.
Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven buying which helped boost the price of gold to three-week highs above $1,300 an ounce.
So far my 2014 expectations are playing out pretty much as planned, with a few adjustments. With the threat of war in the Ukraine I think the final bubble phase in stocks is now off the table.
Coal prices climbed to the highest level since January Monday as European nation set to replace gas for coal in power plants.
Gold jumps second day in a row as Ukraine war of words and action on the ground intensifies.
Safe-haven buying sparked after Ukraine calls for UN Peacekeepers and chances of "gas war" increases.
Don't put all your investments in one stock, warns S&A Resource Report Editor Matt Badiali.
Retakes $1,300 an ounce after Russia says Ukraine headed for a civil war.
There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver's seat and how serious they are about becoming a part of Europe and reducing dependence on Russia.
A Crimean museum's ancient gold collection in limbo after Russia annexation of the Ukrainian territory.
Ukraine uses gas for about 40% of its energy needs, and more than half of that supply comes from Russia.
What the lof Crimea means for Ukrainian energy?
Developments in China and Ukraine are likely the driving forces.
While many emerging markets are teetering right now, noted economist Nouriel Roubini says chance of a fully-fledged crisis is low.
Ukraine has two major shale gas production deals with Chevron and Shell.
Backing from Ukraine's largest mining and steel producer.
Country estimates it has more than 900 tonnes of gold resources.
Get Mining News and Alerts
sent to your inbox daily