CHART: Gold price vs oil has never been this out of whack
For the first time since the height of the Seventies oil crisis and the end of the gold standard does an ounce of gold buy you more than 34 barrels of oil.
Latest Stories
Gold price jumps to 3-month high
Hedge funds increase bullish bets on gold price more than 10-fold, positioning for further upside.
Anglo American may fully exit Brazil — report
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
The silver fix may have its days numbered
The benchmark has settled outside the same day’s spot trading range, at least 10 times in the last six months.
THEnergy review of the Energy and Mines Summit in London
More than 200 delegates from the mining, renewable energy and finance sectors attended this event.
Dev Randhawa: Fission CEO talks failed Denison merger, Chinese investment and uranium outlook 2016
The uranium price is a pure function of demand and the number of reactors in China is set to reach 38 by the end of this year.
Despite De Beers and Rio’s efforts, global diamond output to jump 1.3% this year
The miners concerted effort to limit global diamond supply is forecast to be offset by stable Russian production, new mines, and production increases by Dominion Diamond and Petra Diamonds.
Driest mines in North America
Some of the mines on this list get less than 100 mm of precipitation per year.
U.S. coal for electricity plummets to 45-year low
The main culprit? Cheap natural gas.
