What is the COMEX futures & options market really all about?
All of us follow COMEX in New York and assess the ‘net speculative long position’ there, so as to see the actual weight of opinion on the gold price.
Latest Stories
Kibali shines in record year for Randgold Resources
Kinshasa, the Kibali gold mine in the Democratic Republic of Congo was the star performer in Randgold’s portfolio of operations in 2015, exceeding its target by 7% to contribute 642 720 ounces to the group’s record production for the year.
Looming zinc supply shortage good news for producers and explorers: Stefan Ioannou
The outlook for zinc appears bullish, says Stefan Ioannou of Haywood Securities, spearheaded by mine closures, dwindling production and the dearth of replacement projects.
Potash miners hit by increased competition, supply amid low prices
Analysts, companies expect prices to stay below 2015 levels for at least the next two years.
China launches yuan gold fix in bid to gain more influence in metal pricing
It is set twice a day based on a few minutes of trading by 18 trading members,
India says Kohinoor diamond belongs to Britain
The gem has been at the centre of a diplomatic row between India and the UK, with New Delhi arguing for decades that it should get it back.
Delays in rollout of autonomous technology forces Rio Tinto to cut iron ore guidance
The world's No. 2 iron ore miner has cut its production guidance for 2017 by as much as 20 million tonnes.
Here’s why some say oil sands producers may never recover
With an oil break-even price of about $80 per barrel, any new oil sands projects will only barely make back their investment.
B.C.’s 2016 jade mining season starts on a high note
Jade mining now a $30 million industry in B.C. and local producer plans to increase production by 50% this season