Demand fears continue to restrict the extent of upside moves, whilst supply disruptions at the mine level have more recently provided a floor to prices following the early-year sell-off.
Our main subject today, though, is a trend we’ve been seeing in Canadian gold stocks. Some companies have reached much higher share prices over the last 18 months.
The union that led 2014's bitter five-month strike in South Africa's platinum belt has brought the same demands – doubling of wages – to the gold sector.
SNL says the closures represent about 4% of installed coal capacity in the U.S. and it will make up a third of nationwide coal plant retirements between 2010 and 2015.