About 10% of global gold output being produced at a loss
While gold was moderately higher in early U.S. trading Thursday analysts agree the whole industry is on a bit of “a knife-edge.”
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Newmont results shows it pulling away from peers
World's second largest gold miner ups 2015 production to 5.2m–5.5m ounces after second quarter earnings jump 30% and costs fall 14%.
RBC’s Gero: Distortion in gold market
Precious metals strategist at RBC Capital Markets says selloff in gold was sparked by one large trade, rather than any sea change in the fundamentals.
Gold price in worst losing streak since 1996
Could fall back to triple digits this year predicts Goldman Sachs.
How to focus on surviving until the next price run up
Robust strategic planning.
Iron ore prices hit by fresh evidence of looming surplus
Seaborne with 62% content delivered to Qingdao dropped 0.7% to $51.76 a ton, its sharpest drop in two weeks.
MAXAM Civil Explosives starts operating in BHP’s South32 Worsley Alumina’s Boddington Bauxite Mine
MAXAM expands its mining industry supply activity in Australia
Currencies depend on faith, gold doesn’t
Ironically, in a world awash in fiat currencies that are created at an ever increasing pace, and whose value is solely derived from faith in the issuing state, gold is the only form of money whose value does not require a leap of faith.
