The trouble with cash
When interest rates are zero and it costs a bank to look after your money it becomes an unattractive asset.
Latest Stories
Global gold demand drops 1% in Q1, but investments jump — report
Once again Asia drove demand, with China and India alone accounting for 54% of the total.
SA gold miners face repeat of brutal 2014 platinum strike
The union that led 2014's bitter five-month strike in South Africa's platinum belt has brought the same demands – doubling of wages – to the gold sector.
US coal-fired plants retiring to peak this year — study
SNL says the closures represent about 4% of installed coal capacity in the U.S. and it will make up a third of nationwide coal plant retirements between 2010 and 2015.
Copper, nickel prices likely to be hit by El Niño event
The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.
Giving up on iron ore best option for Anglo American — Investec
The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.
Protester shot dead in third day of unrest at S. Africa’s mine
The incident happened when South African police allegedly clashed with protesters near Atlatsa Resources’s Bokoni platinum mine.
Datta Burton & Associates continues company growth with appointment of Graham Schwikkard
Schwikkard complements Datta Burton & Associates' offering with his expertise in corporate strategy analysis and planning, optimising and developing management operating systems, and delivering high impact productivity improvements.
De Beers paid only $226 in royalties for its Ontario mine last year— report
The thrifty amount compares to the almost $3.9 billion the government of Ontario received from the salt sector in the same period.
