Silver price: Hedge funds and retail investors part ways
Large scale futures speculators cut bullish bets on a rising silver price to a 16-month low while silver ETF investors gorge on metal at bargain prices.
Latest Stories
Iron ore price drops to 7-month low
Chinese stockpiles at new record high and sovereign debt downgrade worry investors.
CEO sees little chance of Samarco restart in 2017
30m tonnes per year operation jointly owned by BHP and Vale shuttered since November 2015 following dam burst.
Workers block access to First Majestic’s La Encantada mine in Mexico
Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.
Shell speeds up exit from oil sands, selling stake in Canadian Natural Resources
Transaction could become one of the country’s one of the biggest-ever equity sales.
Tanzania outs mining minister over alleged collusion with companies to evade taxes
Shares in gold producer Acacia Mining, one of the firms accused of eluding taxes, fell by more than 18% to 18% to 355.70 pence on the news.
How Boart Longyear addresses worker safety
The company highlights the importance of involving everyone in safety practices.
For these women, working underground is a bright opportunity
Mothers will do everything to ensure a bright future for their children.
Blow to iron ore price as Chinese steelmakers opt for scrap
Chinese furnaces make the most of slump in domestic prices to double scrap charge rates which could displace as much as 70 million tonnes of iron ore.
