The winter of discontent
As I quantified in a commentary on the subject two years ago, a bad winter can indeed put a chill into the economy, at least temporarily.
Latest Stories
Glencore’s Optimum coal now in hands of S. African’s President family
Tegeta Exploration & Resources Ltd., controlled by the Gupta family and South African President Jacob Zuma’s son, is the new owner of optimum coal.
Iron ore price reverses as Rio Tinto predicted
Iron ore price drops as outgoing CEO of world's number two producer tells shareholders rally will fizzle out soon.
Alrosa forecasts brighter times for diamond sector
The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.
Spill at Teck’s plant in Canada now contained, no risks to human health
The now contained spill, which happened at Teck's Trail smelting and refining plant in British Columbia, lasted for about 15-20 minutes.
Dominion Diamond swings to loss, names new chairman
The miner lost $11.6 million in the fiscal 2016, compared to a profit of $170.3 million in 2015.
Did BHP just call the bottom of the mining cycle?
CEO Andrew Mackenzie said over the weekend "the commodities fall has stopped". Not only that – after recent rallies six are back in bull markets.
Gold’s historic run is coming – Nichols says
You wouldn’t know it reading the Wall Street Journal, Bloomberg, or the other popular investment news sources . . . but thus far this year gold prices are up some 16 percent, making the yellow metal just about the top-performing investment asset class of 2016.
Iron ore price at $59.90 as surge extends another day
China imports volumes at record setting pace.
