German engineer says trading patterns for gold prove systemic intervention
A German financial engineer claims recurring anomalies in the movements of gold prices prove that systemic intervention is taking place.
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Rio still upbeat on iron ore
The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over China's growth.
US on ‘flashing yellow alert’ for hyperinflation: Art Cashin
UBS's Director of Floor Operations Art Cashin warns that the United States economy could be on the verge of runaway inflation due to the Fed's swelling of the money supply.
Fortescue lifts credit extension by $500 million
Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.
Anglo American suffers losses of $126 million on wild cat strikes
The world's largest platinum producer has announced losses to revenue of $126 million as result of protracted labor disputes in South Africa.
Children as Workforce in Small-Scale Gold Mines in Africa
According to the UN International Labour Organisation (ILO), the workforce in small-scale gold mines in Africa is built up of 30-50% children […]
Copper futures fall in anticipation of dire Chinese data
Copper futures fell on Friday on expectations that Chinese trade and economic growth data slated for release next week will disappoint.
US net diamond imports plunge 91%
Net imports of both rough and polished diamonds plunged 91% year-on-year in August to $25 million.
Report: Half of gold miners in Africa could be children
Many children and teenagers skip school to work at the gold mines where they can earn $14 during a six-day week workweek.
