The hard-to-believe steel shortage that’s unfolding in China
Fortescue’s Power says rebar prices have jumped after closures
Latest Stories
Russia’s Polyus selling $700 million stake in Moscow, London
Russia’s biggest gold producer plans to sell 7% equity stake
Zambia copper production to rise 4% to record, lobby group says
Power price resolution could come within ‘weeks’, chamber says
Mining stocks jump as gold price targets $1,300
Investors pile into stocks of top gold producers as safe haven buying lifts gold price to 7-month high.
Adani to go ahead with polemic Carmichael coal mine after all
Despite opposition from organizations ranging from the United Nations to green groups and locals, work on the multibillion-dollar mine is expected to begin by September.
IAMGOLD sells stake in Ontario gold project to Sumitomo for $195 million
The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.
Gold miners weak but not oversold
If looking at Gold only in a vacuum, it looks good. Its uptrend since the start of the year remains intact and it has pushed above its 50 and 200-day moving averages.
CHART: Commodity prices slump to 50-year low against US stocks
S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.
Mining’s Tesla moment: DeepGreen harvests clean metals from the seafloor
A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment.
