The fate of Canada's Jericho diamond mine —declared by Ottawa to be “closed or abandoned” in January 2014— seems no clearer today than it was a year ago.
Angelos Damaskos, principal adviser of the Junior Oils Trust, admits that he finds the recent collapse in oil price a mystery. Nonetheless, he has no doubt that demand will compel higher prices in the medium and long term.
As usual the leaders of the G20 countries will be deliberating on issues that will have ramifications for not only their respective economies but also the rest of the world, including those who will not be represented at the deliberations.
Glencore and X2, a company set up by former Xstrata boss Mick Davis, are among the suitors of the Chilean copper assets put up for sale by global miner Anglo American.