Chart of the day – false reversal?
Gold likes to print false reversals to sucker in longs too early.
Latest Stories
Colombia calls governments to stop ‘blood gold’ trafficking
The country has taken a page out of the diamond industry’s books by calling for international regulations aimed at cutting the amount of illegally-mined gold entering mainstream markets.
Philippines to keep mining law intact, despite new minister appointment
The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.
BHP Billiton puts Cerro Colorado copper mine in Chile on the block
Workers temporarily blocked access roads to the site in protest for the decision, which they say will inevitably bring a massive wave of layoffs.
CHARTS: Gold price vs Fed vs ETF investors vs hedge funds
Gold price falls to 8-week low Tuesday, turning the old Wall St adage buy on rumour sell on fact on its head and opening up a huge gap for bargain hunters.
Exploring new heights – Miller Technology developing new products in 2017
Miller Technology Incorporated is looking forward to innovative new designs and products in 2017 following a successful 2016 - despite the downturn in the mining industry. The North Bay company designs and manufactures all of its equipment in its 55,000-square-foot facility.
Suncor plans to build new oil sands project in Canada
The Lewis project would be located about 25 km northeast of Fort McMurray and could eventually produce up to 160,000 barrels a day.
5 clean energy innovations that could transform our world
Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.
Glencore puts Tahmoor coal mine up for sale
Market rumours point at South32 as the most likely buyer, since the miner decided last month to ditch its $200 million acquisition of Peabody Energy’s coal mine in New South Wales.
