World’s No. 1 miner BHP Billiton put its money on oil and gas
The company believes the market is set to move back into balance in 2017, with demand to exceed global supply.
Latest Stories
Season of falling prices and percent index proves it!
It’s a knows fact that Sept and October are typically weak times for US stocks. Going back 37 years shows us the tendency for investors to sell and rebalance their portfolios to try and perform better during the final quarter.
Experienced miner Andrew Woodley to lead Newmont’s North America business
Newmont Mining Corporation has appointed experienced miner Andrew Woodley to lead the Company’s North America business beginning on January 2, 2017.
Bitcoin – money decentralization
Bitcoin is a type of a currency, used globally, and can be converted to US dollar, like any other currency we know. What makes Bitcoin interesting is that its birth brings to the world an old-new type of a monetary system that works in a decentralized manner.
Commodity update: Is the summer slump over?
Despite bumps in the road, most commodities are still having big years on a YTD basis.
Canada’s oil industry to lose $10 billion this year
The Conference Board of Canada also expects the oil industry’s losing streak to last three years, from the last quarter of 2014 through to the second quarter of 2017.
De Beers latest diamonds sale the lowest this year
Still, the world’s biggest diamond producer by value said the auction was better than it had expected.
Operations resume at Barrick’s Veladero mine
The miner said it didn't expect the18-day suspension to have a significant impact on its 2016 operating guidance for Veladero.
Gold price is getting crushed
Crashes through $1,300 an ounce – down more than 2%.
