$50/barrel oil won’t last: Why chances of a breakdown are high
Technical analyst and newsletter writer Clive Maund lists the reasons he believes oil prices, which recently peaked above $50/barrel, are headed for a fall.
Latest Stories
Niobium mining – The first step in building a fighter jet
In what was probably the least publicized bidding war in mining history, fifteen companies took part in the sale of Anglo American’s niobium and phosphates operations located in the states Goiás and São Paulo, in Brazil.
Copper price rebounds
Copper up 3% to three-week high and back in positive territory for the year as weaker dollar should boost Chinese demand.
Key expansions at iconic Canadian diamond mines hit by setbacks
While Dominion Diamond has pushed construction of Ekati’s new Jay pipe to 2018, Rio has said that a denial of a request to change its water licence could have an adverse impact on Diavik.
Gold price surges on worst US jobs number in six years
Reverses much of recent declines after shocking payroll figures kills early interest rate hike and dollar rally.
Tutankhamun had a dagger made of iron from meteorite
Scientists say the high manufacturing quality of the blade in comparison with other simple-shaped artefacts suggests a significant mastery of iron working in the Egyptian boy king's time.
South African gold miners to appeal silicosis ruling
They will dispute the country's High Court decision last month to allow a class action suit seeking damages for up to half a million miners who contracted silicosis and tuberculosis.
Here are the world’s top 10 gold producing mines
This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.
