2 charts to make sense of gold price plunge
The post-Trump price bump turned into a rout.
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Newmont pours first gold at Long Canyon in Nevada
Commercial production of 100,000–150,000 ounces per year at all-in costs below $600 starts next week.
Iron ore price leaps to $80
Trump bump for iron ore price now 17% as frenzied trading continues.
Trump slump: gold price is tumbling
Gold price falls $100 an ounce from post-election highs hitting a five-month low on Friday.
Warnings as copper price surge continues
After underperforming badly in 2016, copper is now firmly in a bull market with a 26% rise in just three weeks, jumping to a 17-month high on Friday.
IEA warns global markets to remain flooded with oil without OPEC cut
Escalating production from both the OPEC and other global players, including Russia, Brazil and Kazakhstan, could lead to relentless supply growth, the IEA said.
Harmony logs record quarterly revenue, halves debt
The world's fifth largest gold miner increased production, had stronger cash flows and paid shareholders a dividend in the first quarter of its 2017 financial year.
Anti-mining groups force Hudbay to keep Peruvian operation suspended
Police are on the scene to maintain order, the firm said, adding that efforts continue to resolve the situation peacefully through talks.
Positive legislative developments afoot for South Africa’s oil and gas industry
Amendments aim at streamlining inter-departmental processes and addressing the discretionary nature of certain ministerial powers.
