June 26, 2012

Mongolian coal mining stops, drops and …

Mongolian Mining Corp hit a record low today as investors looked at the likelihood of more restrictive investment policies to be implemented after Mongolia's parliamentary elections this week.

June 26, 2012

Central Banks will have to print more money in order to prevent a total collapse of the monetary system.

Last week, gold came under some strong selling pressure from traders on Comex as they managed to knock gold prices down by around $60 an ounce.

June 26, 2012

US nuclear power generation up 10% by 2035

Despite renewables and natural gas nipping at its heals, nuclear power will still see 10% growth by 2035.

June 25, 2012

Teck receives regulatory approval for renewal of share buy-back program

Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer…

June 25, 2012

Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon

But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.

June 25, 2012

Barclays: Commodity investors’ retreat is turning into a stampede

The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.

June 25, 2012

Platinum outlook remains volatile

A third round of quantitative easing won't help support platinum and palladium prices, according to Erica Rannestad, platinum group metals specialist with CPM Group in New York. So, what will…

June 25, 2012

Power to China in the IMF – does this mean gold to be mobilized?

While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F.

June 25, 2012

Glencore, Lexshell consortium owns 71% of Optimum Coal

A consortium comprising commodities trader Glencore and South African businessperson Cyril Ramaphosa’s Lexshell 849 has increased its shareholding in black economic-empowered Optimum Coal to just over 70%.

June 25, 2012

Coal prices sink again as Chinese storage yards near capacity

Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.