May 19, 2011

CME Group reports record options open interest for gold, silver, platinum

By Kitco News (Kitco News) -- Options for Comex gold and silver and Nymex platinum all hit open-interest records Wednesday, CME Group reports. For platinum, a fresh options open-interest record…

May 16, 2011

What’s driving the divergence of commodity prices

As the chart below demonstrates commodity prices are driven by different factors. The precious metals prices have been the hyperbolic driver of headline commodities news relative to the broader based…

May 16, 2011

John Kaiser: alternative energy fuels mining boom

Advances in energy and agriculture are creating demand for previously ignored metals such as scandium, tellurium and indium. In this exclusive interview with The Energy Report, Mining Analyst John Kaiser,…

May 16, 2011

Without QE3, commodities may suffer

While China continues to make asset driven economic decisions and now looks like a traction control experiment where the economy is like a car that is driving on ice that…

May 16, 2011

Chart of the day: commodity flows

QE, of course, only happens when interest rates hit the zero bound, so it’s impossible to disentangle the effects of QE from the effects of G3 interest rates all coming…

May 13, 2011

Strong gold and PGM revenues see Franco-Nevada Q1 net income up 157%

Franco Nevada reported an adjusted net income of US$21.4 million or 18-cents per share for the first quarter, a 157% increase over the adjusted net income of US$8.3 million or…

May 10, 2011

The Contango Report: silver contango balloons, sugar backwardation disappears

Has oil moved into backwardation yet? What does corn’s roll yield look like? How do you know when it’s time to buy—or […]

May 8, 2011

First blast signals start of shaft sinking phase at Wesizwe’s Frischgewaagd-Ledig complex

Following the approval by Wesizwe shareholders in March 2011 of the total mine development financing solution offered by the Chinese consortium of Jinchuan, CAD Fund and Micawber, TWP Projects, a…

May 6, 2011

Quadra FNX Mining announces earnings of $168 Million in the first quarter of 2011

The Company recorded first quarter earnings of $168 million or $0.88 per share (basic) compared to earnings of $55 million or $0.55 per share for the previous year. The higher…

May 6, 2011

Platinum to trade above $1,900 despite another gross surplus in 2011 – GFMS

GFMS, in its recently-published "Platinum & Palladium Survey 2011", is forecasting that platinum will sustain a gross surplus in 2011 of a similar magnitude to that of 2010. Mine production…