No hope for Ring of Fire, says Cliffs CEO
A Canadian region once touted as Ontario's answer to the oil sands will not be developed anytime soon- according to the CEO of a major stakeholder.
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Russia expands gold stockpile the most since ’98
Bullion purchases seen as shoring up the foreign exchange reserves Russia has been forced to sell amid a plunging ruble. Western sanctions and the falling price of oil are to blame.
More downside ahead for precious metals
Last week we argued that the underperformance of the gold miners during Gold’s rebound was a bad sign.
What the hell happened to Burkina?
For those that haven’t had access to the internet or TV today, the West African country of Burkina Faso’s government has collapsed and is essentially in complete disarray.
Vancouver gold-to-copper miner pops on Horn of Africa results
Winners were few and far between Friday, but punters couldn't resist Nevsun Resources stock after low-cost high-grade Eritrea mine delivered on all counts.
Halloween horror for gold price
Down 3% to levels last seen July 2010 with "chances increasing" of a further $100-plus decline this year.
Cliffs Resources officially shutting Canadian Wabush Mines
About 500 workers will lose their job.
Rio Tinto braces for $2.5bn Oyu Tolgoi writedown
According to The Times, Rio flagged the possibility of a writedown in August.
Colombian coal mine flooding kills 12
A perforation made in a subterranean water source had flooded the underground mine late Thursday.
