How to lose $1 billion in a day. Ask Eike
Brazil's Eike Fuhrken Batista is the world of mining's richest man and he's been on a roll this year – until Tuesday when $1,023,200,000 disappeared from his personal fortune.
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First Majestic slashed 10% in grim day for silver sector
First Majestic Silver Corp shed most on the day and industry bellwethers Silver Wheaton and Pan American Silver both hit 52-week lows.
Semafo joins 1.5 million oz club; Q1 profits up 54%
Montreal-based Semafo (TSX:SMF) had a good first quarter, producing and selling more gold than in the same time frame last year.
Copper price: Codelco says strong stomachs will be needed this year
Can it really be worse than last year, when the copper price dropped 26% in a single month?
Gold falls as Greek woes lift US dollar
Gold fell today as generally positive euro zone GDP data failed to soothe jittery investors.
Renewed Molycorp sell-off
In lunchtime trade Molycorp was changing hands for $24.37, down $1.06 or 4%, in reaction to a downgrade and as investors continue […]
Want to get rich quick? Become an iron ore trader
Forget about precious metals, oil or pork bellies: For commodities traders, iron ore is the new Shangri-La.
Chinese ‘Pompeii’ threatened by coal mine
A forest of fossils that is being compared to a "vegetational Pompeii" is under threat from coal mining, says a story in China Daily.
Lucara Diamond Corp. reports first quarter results
Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.