Glencore to sell Australian coal train fleet within 3 months
It expects to fetch between $755 million to $1.1 billion for the nine trains, which carry coal from mines in NSW to port operations on Australia's eastern seaboard.
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Iron ore skyrockets to nearly $60 per tonne
Chinese import price for 62% iron content fines at the port of Qinqdao rose 6.7% to $59.38 a tonne, the largest one-day percentage increase since April 21.
Gold bull confirmed: What’s next?
Technical analyst Jack Chan confirms a bull market for gold and lays out his investment strategy.
Million-dollar coin unveiled
Kimberley Treasure coin was struck by The Perth Mint from one kilogram of 99.99 per cent pure gold, and features an image of a red kangaroo holding a 0.54 carat red gemstone between its front paws.
Morgan Stanley warns that rising rig count could undo the rally
Morgan Stanley’s warning that production from the new wells being drilled could prompt a reversal of forecasts that U.S. crude production is falling and will continue to fall.
Gold is good; uranium is great
Rick Rule is seeing new customers pouring into gold from across the spectrum. Uranium is perhaps even more exciting, as everything that needs to be in place for a truly incredible bull market is there.
Thermal coal price hits 10-month high as Chinese buyers snap up cargoes
A crackdown by the Chinese government on surplus thermal coal has had a knock-on effect on the price.
Lack of long term strategic leadership partly to blame for mining job losses in S. Africa
South Africa's mining sector is facing the most serious challenge for many years demonstrated by mounting job losses.
Record lows instead of highs for gold prices in this key market
It appears that India’s gold buyers are still staying away from the market. In fact, the situation in terms of physical demand is one of the most dire ever seen in the country.
