Here’s why the iron ore price is tanking
And why the worst may be over already.
Latest Stories
Compared to silver and platinum, gold is getting really expensive
Investors can make money in precious metals without predicting the direction of prices, says Bob Moriarty of 321 Gold, by paying attention to the gold-platinum and gold-silver spreads.
A crude awakening: The global black market for oil
Today’s infographic comes from Eurocontrol Technics Group, and it highlights the global problem of fuel theft.
French elections, Brexit and gold
The main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their potential impact on the gold prices.
Anglo’s sale of Drayton coal mine spooks horse breeders
They fear the buyer, Malabar Coal, may revive mining at Drayton, which they claim would have have severe impacts on the area’s profitable stud farms and wineries.
Another BHP investor pressing for oil spinoff, board shake-up
The miner faces another shareholder revolt as Australia’s Tribeca has joined calls by US activist investor Elliott Management for an exit from shale to free up capital.
Iron ore free fall wreaks havoc with main producers
It’s been a bad week for iron ore, with all indices steeply lower on Friday for a second consecutive day.
Cameco continues to explore Athabasca Basin through CanAlaska deal
Top Canadian uranium producer Cameco (TSX:CCO) has just signed an agreement with CanAlaska Uranium (TSXV:CVV) to conduct exploratory drilling at the West McArthur uranium project, 15 kilometres from its majority-owned McArthur River uranium mine.
Richmont stock hammered on lower gold production, revenues
Total Q1 gold production reached 29,401 ounces, compared to 32,369 oz in the year-ago quarter.
