CHART: Hedge fund commodity bulls misread the market
Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.
Latest Stories
‘Full speed ahead’ for Lundin’s Ecuador gold project after financing deal
Orion and Blackstone pay up to $450 million for prepaid and streamed gold and silver from Vancouver company's Fruta del Norte project in South America.
Kinder Morgan Canada falls in trading debut on concerns over Trans Mountain project
Construction of the $7.4 billion project is scheduled to begin in September and should be completed by December 2019.
Diamcor just found this rare green diamond at S. Africa project
The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.
Coal mine openings in the US inject some hope into beleaguered sector
Corsa Coal’s Acosta Deep mine, to begin operations in June, will create about 600 jobs.
Western Australia may ask BHP, Rio to cash out iron ore levy
Western Australia may ask Rio Tinto Group and BHP Billiton Ltd. to pay potentially billions of dollars to end a mining rent tax to help patch a budget decimated by lower commodity prices.
Strike at Barrick’s Veladero mine suspended
Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.
Influential emerging market investor is iron ore price bull
Mark Mobius, executive chairman of Templeton Emerging Markets Group, sees disconnect between industry fundamentals and price swings.
Cobalt supply is in a “Death Spiral:” Jack Lifton
Jack Lifton says recycling, copper and nickel mining is a must to satisfy global cobalt supply needs
