The gold price shorts are back in town
Hedge fund bets on cheaper gold in the future up 18% to 6.3 million ounces in three weeks.
Latest Stories
G7 agrees to phase out fossil fuels by end of the century
U.S., Canada, Germany, France, the UK, Japan, and Italy agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century.
Low metals prices force Canadian First Nickel to idle Ontario mine
The company said the mine will either be put on "care and maintenance" for a possible restart or closed.
Churchill Mining, Indonesia in talks to solve alleged fraud in coal project licencing
The news comes after Indonesia’s last week decision to drop allegations that the miner had defrauded the state when buying the East Kalimantan coal project.
Trouble brewing in South Africa’s gold mining sector
The country's radical Association of Mineworkers and Construction Union (Amcu) said it would begin a wildcat strike in the sector if its rival union and companies extend wage deal to its members.
TF Tough Steel™ Series Bearings
NSK’s Tough Steel (TF) Series Bearings provide improved resistance to wear and seizure in contaminated lubrication conditions.
Outotec wins iron ore processing contract in Iran
5 million tonnes per annum pellet plant expected to start-up in 2018.
Mt Polley could re-open by July: mines minister
Workers at the Mount Polley mine in central British Columbia could be back on the job as early as July 1st.
Why Western Australia became the center of mine automation
The technology groups key focus.
