Commodity update: Is the summer slump over?
Despite bumps in the road, most commodities are still having big years on a YTD basis.
Latest Stories
Canada’s oil industry to lose $10 billion this year
The Conference Board of Canada also expects the oil industry’s losing streak to last three years, from the last quarter of 2014 through to the second quarter of 2017.
De Beers latest diamonds sale the lowest this year
Still, the world’s biggest diamond producer by value said the auction was better than it had expected.
Operations resume at Barrick’s Veladero mine
The miner said it didn't expect the18-day suspension to have a significant impact on its 2016 operating guidance for Veladero.
Gold price is getting crushed
Crashes through $1,300 an ounce – down more than 2%.
CHART: Coking coal surge could kill quarterly pricing
During Q3, the daily spot price averaged almost $133 per tonne, 44% higher than the quarterly benchmark agreed in late June.
Platinum price back in triple digits
Strikers at top South African platinum producer enter two-year wage deal.
Newmont begins production at its Suriname gold mine
Merian gold mine was completed on time and more than $150 million — about 20% — below its initial capital budget.
US coal legend Ernie Thrasher close to bagging Anglo mines
Thrasher's Xcoal and private equity firm Apollo said to be in exclusive talks to buy Anglo American's mines in Queensland amid coking coal price surge.
