Negative rate folly
The most troubling legacy of contemporary central banking has been the emergence of negative nominal interest rates.
Latest Stories
JPMorgan’s metals desk was a criminal enterprise, US says
JPMorgan may face deeper legal jeopardy that goes beyond the several individuals who have already been prosecuted.
Nickel mining indefinitely suspended in southern Philippines
The Philippines was the world's second-largest nickel ore producer in 2018 after Indonesia.
Most valuable steel mill in India sees iron ore drop to $60
Iron ore prices are moving in a completely different direction to other materials.
Gold at $1,500 is a new price floor, Kinross CEO says
Soaring prices give the Canadian miner confidence to push ahead with expansion plans at its Tasiast gold mine in Mauritania.
Gran Colombia to spin off Marmato gold project
The Canadian miner will retain a major stake in the new company while leveraging the capital markets to provide the funding required for ongoing exploration and underground development.
UrbanGold, Argonaut combine gold projects in Quebec
The combined properties will form the Bullseye project.
MIT engineers ‘hide’ $2m-diamond under world’s blackest black material
LJ West Diamonds gave them a 16.78-carat natural yellow diamond to experiment with.
Waterton’s Gemfield Resources kicks off construction of gold mine in Nevada
The Gemfield project is one of a few open-pit, heap leach gold mines in the US to be fully permitted and shovel-ready.
