West Texas Intermediate oil is in surplus but don’t expect low gas prices
Gasoline is currently underpriced by 20 cents.
Latest Stories
A Pamela Anderson pump-and-dump stock scam that people actually believed
20,000 investors bilked out of a accumulated $30 million.
Asteroid miner ready to ‘save the Earth’ from falling celestial objects
Planetary Resources says it has already developed the prototype for a spacecraft that can help detect and characterize potentially hazardous asteroids.
China, Ghana gold production spike, others fall
The top 10 gold producing countries mined out 1,799 tonnes of the precious metal which is 2% more than in 2011.
Fluid Couplings Avoid Unexpected Downtimes of AFC Drives
Jin Cheng Coal Group relies on proven Voith Technology.
CHART: China will grow at 8% for the next 18 years
All the Chinese have to do is emulate South Korea.
Moody’s issues water warning to miners
Scarcity puts pressure on capex and raises operational risks.
Kinross catches writedown fever, taking a $3.2 billion hit
Kinross reports Q4 losses of $3.2 billion
World gold demand falls in 2012 for first time in three years
The World Gold Council predicts consumption of the precious metal should be steady this year, although unlikely to reach the high levels seen in the worst of the financial crisis.
