Sliding Chinese currency takes blame for gold price weakness
Some 1,000 tonnes of gold have been used in highly complex and lucrative deals designed to skirt Chinese capital controls. Deals that are now being unwound.
Latest Stories
One more reason iron ore price won’t stray too far from $120
Beijing's strategy to consolidate the domestic iron ore industry under six to eight large miners has been met with skepticism.
Salman Partners’ Raymond Goldie: Copper is pathological and suffers from SAD, but it has value
These six equities are priced below their intrinsic value
Keystone XL decision delayed again
Pipeline project crucial to oil sands development pushed out another year.
We have to talk about Fanya Metal Exchange
The rare earth storm has passed, but a new critical metal conundrum could be ahead for the West.
VIDEO: A really big game of Jenga played with Cat machines
Don't topple the structure.
Lack of social licence
The federal government has the authority to approve Northern Gateway without the support of a majority of residents. The question for the Prime Minister and his cabinet is should they ignore the will of the people, particularly when they've made their wishes known in a formal vote?
New Cat® D9T Dozer Delivers Enhanced Productivity, Operator Safety and Serviceability and Meets Latest Emissions Standards
The new dozer features a Cat C18 ACERT™ engine, which meets Tier 4 Final/Stage IV emissions standards, and delivers 436 net horsepower (325 kW) at 1,800 rpm. High torque rise of 36 percent enables the dozer to power through tough material.
Ukraine deal, ETF selling push gold price below $1,300
Investors pull money out of ETFs and geopolitical tensions ease after Geneva talks to push price down almost 2% for shortened week.
