Gold’s two markets-in-one can anger and confuse
Given recent moves in the price of gold, it might be worth taking a leaf from behavioural economics and view the gold market as not one, but two.
Latest Stories
Australian government has squandered spoils of mining boom: Grattan Institute
Country has not saved enough from the largest income boost it has ever seen.
RPM commits to expanding coal capabilities with new Head of Coal appointment
BRISBANE, Australia (July 31, 2013) – RungePincockMinarco (RPM) has announced the appointment of Mike Rowlands to a new leadership position, Head of Coal for Australasia, Russia and CIS.
India’s attack on gold: Premiums double
Jewelers are now paying $10 an ounce over the London gold price.
Tanzanians sue African Barrick Gold for alleged deaths
Claimants allege African Barrick failed to curb the use of excessive force at its North Mara mine on a regular basis over the last three years.
Chinese coal companies face troubled domestic market
Some coal producers in the red.
Banks, metal warehouses and the ‘dark inventory’ game
FT's John Gapper writes: "This abrupt integration of metals trading and storage echoes how banks piled into subprime mortgages before the 2008 crisis."
Australian coal industry costs of 2013 revealed
R2Mining has just released the 2013 Australian Coal Cost Guide (ACCG) and Australian Metal Cost Guide (AMCG) - industry’s most comprehensive data source of current, reliable information for mining companies, mining schools and government agencies.
Simandou railway shows how ‘politics can interfere with economics’ in Africa
Simandou is one of the richest concessions in all of mining with in excess of 26 billion tonnes of high grade iron ore.