STOP LOSS: Iron ore price recovers 3% for the week
After eight straight weeks of declines and the first dip below $100 since 2012, the price of iron ore starts clawing its way back.
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Kitco fills impending silver fix void
Kitco’s Silver Fixing price is derived by a unique algorithm that averages the spot price between bid/offer on the wholesale silver market, as quoted by internationally recognized bullion dealers.
US start-up ready to sell lab-made rare earths
The first two to hit the market are neodymium and dysprosium, needed for manufacturing powerful magnets that work at high temperatures.
Codelco removes CEO Keller after clash over cost cuts
Keller had been commended for his efforts to overhaul old mines and cut costs at Codelco, but his tough style is said to have triggered tensions within the company and its powerful unions.
Canadian oil sands not dirty: EU
After years of lobbying, Canada's Federal Government seems to have persuaded the European Commission to change draft rules that would open the way for Alberta crude supplies.
Europe’s leap into inflation unknown bumps gold price
ECB takes unprecedented step to fight "unacceptably low inflation" by pushing bank deposit rate into negative territory, burnishing gold's status as inflation hedge in the process.
Alaska to join Pebble Partnership in lawsuit against EPA over mine project
They oppose the agency's latest decision, which may block development of the Pebble mine before any permit application has been filed.
BHP admits mistakes in its China, iron ore strategy
CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.
Newmont halts all operations in Indonesia, declares force majeure
The company is putting about 80% of its Batu Hijau mine employees on leave at reduced pay from Friday.