Macmahon expects gold to shore up company outlook
The CEO of Australia's Macmahon Holdings (ASX:MAH) expects gold to continue performing well despite the weak outlook for the mining sector in general.
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A fresh picture of crude oil’s future
France's International Energy Agency has painted a fresh picture of the international crude oil industry which foresees major changes to regional focus and distribution.
China’s iron ore imports hit 20-month peak in September
Chinese imports of iron ore hit a 20-month peak in the month of September with steelmakers engaging a buying spree as spot prices bottomed out.
German engineer says trading patterns for gold prove systemic intervention
A German financial engineer claims recurring anomalies in the movements of gold prices prove that systemic intervention is taking place.
Rio still upbeat on iron ore
The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over China's growth.
US on ‘flashing yellow alert’ for hyperinflation: Art Cashin
UBS's Director of Floor Operations Art Cashin warns that the United States economy could be on the verge of runaway inflation due to the Fed's swelling of the money supply.
Fortescue lifts credit extension by $500 million
Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.
Anglo American suffers losses of $126 million on wild cat strikes
The world's largest platinum producer has announced losses to revenue of $126 million as result of protracted labor disputes in South Africa.
Children as Workforce in Small-Scale Gold Mines in Africa
According to the UN International Labour Organisation (ILO), the workforce in small-scale gold mines in Africa is built up of 30-50% children […]
