Hedge funds push bullish gold price bets back up
Large scale gold derivates players rebuild long positions to within shouting distance of record high.
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Gold and silver bull market correction expected
A bull market in gold and silver has been confirmed, but no bull market is sustainable on a nonstop price spike, therefore, it is not if but when a correction will begin.
Peter Schiff: QE addiction is fueling the fire that sends gold higher
There are several reasons the world economy is unsustainable within the current systems.
Vancouver developer jumps on maiden Ghana resource
On Monday, Asanko shares added to three-fold gains year-to-date after releasing maiden resource for satellite targets at its producing mine in West Africa.
Bacteria mineral extraction project could be a win for miners and the environment
Using bacteria to extract minerals from ore is showing the potential to replace dangerous processing chemicals such as cyanide in the mining industry.
Iron ore price soars past $61 per tonne to fresh 3-month high
Iron ore’s resilience in recent months has defied many analysts’ forecasts, as Beijing’s stimulus plans, restocking by Chinese steel mills and historically low port stockpiles have supported prices.
China’s war on coal keeps fuelling prices recovery — up 30% since April
Beijing’s decision to ease production has sent coal prices soaring this summer.
Bankrupt Peabody Energy seeks approval to pay $12M in bonuses
Coal miner Peabody Energy Corp, which filed for Chapter 11 bankruptcy protection in April,asked a bankruptcy court on Wednesday to let it pay up to US$11.9 million in incentives to its executive leadership team should the group meet certain performance targets.
Why buyers shunned the world’s largest diamond
The Lesedi diamond opened at $50 million and struggled from the start. Fifty-one million dollars, someone offered, and too long after that, $52 million. This was not the scenario that Lamb had imagined in his dreams.
