Glasenberg pulls off blockbuster Las Bambas deal
Chinese buyers cough up $6.3 billion in cool hard cash for massive Peru copper project indicating renewed confidence in prospects for the red metal.
Latest Stories
The Ore Wars after the Flash Crash
The 8% one-day drop in the iron ore price in March was the result of a new dynamic in the market: panicked selling by traders using ore as loan collateral.
Gundlach on Chinese economic growth: ‘How about a minus 7?’
Founder and chief investment officer of $49 billion DoubleLine Capital may be a huge China bear, but he likes gold.
BHP can’t do for coking coal prices what it did for iron ore
BHP is losing big money on its push for a coking coal spot market.
Gold preparing to launch as US dollar drops to key support
Gold bugs have been forecasting a dollar collapse for years. They have been correct about the gold price, which has advanced nearly 400% in the past 12 years versus a gain of just 64% for the S&P 500.
The big palladium rally is finally under way
Palladium breaks through $800 to two-and-a-half year high as lease rates double and ETFs attract 270,000oz in two weeks.
Brazil Batista engaged in insider trading: report
The country's securities regulator, known as CVM, has found Batista waited 10 months to disclose that four oil fields were not commercially viable.
US coal demand slipping, but some basins faring better than others
Coal remains the largest source of fuel for electric generation in the United States. However, demand is shrinking.
Sandvik DD2710 development jumbo debuts in China
Sandvik Mining has launched its DD2710 single-boom electro-hydraulic jumbo, designed and manufactured in collaboration between the company’s Finnish and Chinese operations for mining development in tunnels with cross sections up to 34 square meters.