CHART: Despite unnerving gold price fall, mining rally’s intact
While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.
Latest Stories
The only lithium deal backed by gold
Lithium companies continue to lead the stock market. While the TSX Composite gained about 13% year-to-date and S&P 500 scored a mere 6.4%, lithium companies grew by a stunning 24%.
Sibanye Gold resumes operations at Cooke mine after attack
Four employees were attacked by unknown assailants.
Chile’s Codelco delays $2.25 billion in investments on copper prices slump
Phase two of its Radomiro Tomic sulphide project and a new level at El Teniente, are the most affected projects.
Kinross Gold inks labour deal that ends dispute at Mauritania mine
The company had halted production in June following a government inspection that led to a row over work permits, but work resumed in August.
Gold price fight back cut short by US data
Gold price turns negative again as economic activity gauge jumps, the dollar rallies and rate hikes loom – charts point to move to $1,200.
Zinc, lead prices break free from long term downtrend
Resistance breach shows significant upside potential for base metals.
Stellar posts upbeat economic assessment for Sierra Leone’s second largest diamond project
The company said its proposed Tongo-Tonguma mine economic evaluation demonstrates robust financial returns for a modest capital requirement.
World’s No. 1 miner BHP Billiton put its money on oil and gas
The company believes the market is set to move back into balance in 2017, with demand to exceed global supply.
