The oil market is bigger than all metal markets combined
Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.
Latest Stories
New WA nickel mine hoping to cash in on battery demand
A new nickel mine that just opened in Western Australia is pinning its hopes on the use of nickel in electric vehicle batteries.
PEA extends Ekati minelife by 7 years to 2042
A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years.
Copper, iron ore price drops bring mayhem to mining stocks
Is the industrial metals and steelmaking raw materials rally at en end?
Chart of the week: Economic Power
Long before the invention of modern day maps or gunpowder, the planet’s major powers were already duking it out for economic and geopolitical supremacy.
Asia gold-demand hit by high prices ahead of expected festival-led buying
Demand for physical gold in Asia could pick up in the coming weeks as India's festival season drives interest in the metal, after high prices kept buyers at bay again this week.
Copper price rally comes to crashing halt after Chinese data disappoint
Copper price drops more than 3% after Chinese imports stay flat for fourth month in a row and concentrate cargoes decline.
Anaconda Mining to fill Newfoundland pit with Nova Scotia tailings
When the company's Pine Cove pit mine stops producing in about eight months, work will begin to turn it into a tailings storage facility with capacity of up to 7 million tonnes.
South Africa’s chamber of mines says sector “in crisis”
South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of increasing legal uncertainty and labour disputes.
