MINING.COM

Commodities guru Bill O’Neill says crude oil has bottomed out

Bill O'Neill, former director of commodities research at Merrill Lynch, has said in a recent interview that crude oil prices have bottomed out, and that he expects a desultory recovery in prices from the third quarter of 2012 to the first quarter of next year.

Marc Howe | July 16, 2012 | 11:51 am

Gold manipulation ‘next big scandal to break,’ ‘more scandalous than Libor’

One of the UK’s leading broadsheets has castigated the manipulation of gold prices by key market players, saying that the issue could explode into a bigger scandal than the Libor rate manipulation controversy.

Marc Howe | July 16, 2012 | 12:52 am

Glencore obtains government go-ahead for $6.1 billion Viterra bid

Swiss commodity supplier Glencore International obtained approval from the Canadian federal government on Sunday for its application to buy up Canadian agribusiness titan Viterra Inc., bringing the $6.1 billion deal that much closer to completion.

Marc Howe | July 16, 2012 | 12:49 am

No option: China has to deleverage

Dee Woo writes in the Business Insider that the Chinese government no longer has any policy options left, and it must start deleveraging.

Michael Allan McCrae | July 16, 2012 | 12:04 am

Finding some silver in a roll of dimes

Taking a hard look at your next roll of dimes could leave you with a nice tip.

Michael Allan McCrae | July 15, 2012 | 6:50 pm

BHP Billiton exits Guinea

Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.

Michael Allan McCrae | July 15, 2012 | 5:00 pm

Gordon Brown’s gold gambit

The UK government's great gold firesale in 1999 was an attempt to prevent a banking crisis.

Michael Allan McCrae | July 15, 2012 | 1:45 am

Meet Malcom McLean: inventor of the global economy

In a Ted Talk, Sunni Brown profiles Malcom McLean, a bored truck driver waiting at shipping docks in New Jersey whose simple idea to speed up shipping transformed the modern global economy and changed the lives of every living person afterwards.

Michael Allan McCrae | July 15, 2012 | 1:21 am