Iron ore price hits 6-month high
The price is up more than 27% from lows struck in October last year when the steelmaking ingredient experienced a mini crash.
Latest Stories
Vale vs IMF: Who are you going to believe?
Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth is.
Gold can now protect us from both economic and environmental collapse
While gold's primary use these days is a hedge against Europe going belly up or paper currency becoming debased, researchers at MIT found that a little gold added to copper can also act as a strong catalyst and convert carbon dioxide into methane or methanol.
Look ma, no rare earths
Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.
1/2-million ounce gold reserve confirmed at Tembang, Sumatra
Sumatra Copper & Gold has released a new reserve estimate for its Tembang gold-silver project in southern Sumatra, Indonesia.
Infographic: Let’s get physical – almost everything you wanted to know about gold vaults
A look at how global investor demand has shifted to physical gold held in vaults over the past decade.
Peruvian company Grupo Brescia to extract copper in Chile
Peruvian company Grupo Brescia announced today that it is going ahead with plans to further diversify its investments by mining for copper in neighbouring Chile, reports Portal Minero.
One of the 33 Chilean miners trapped in 2010 ventures underground for first time since rescue
More than one billion people watched the rescue of 33 Chilean miners from a collapsed mine in 2010. Today, one of them has decided to venture underground for the first time since the accident during a tour to a Saskatchewan potash mine.
Gold could hike to $2,000 by year-end: Thomson Reuters
Gold prices could fall below $1,550, returning to record highs by the end of this year, Thomson Reuters GFMS, a top precious metals consultancy, said this morning.
