Now is the time to short sell gold miner volatility: Michael Purves
GDX volatility is at multi-year highs.
Latest Stories
Rio Tinto half year profit plummets 71% on weak commodity prices
Rio doesn't expect Chinese growth to recover in the second half of the year.
Another Rio Tinto sale fails
Gives up on selling Pacific Aluminium.
Rio Tinto and the Australian tax system
Super profits tax not raking in the cash lawmakers said it would.
Metso completes the acquisition of the Chinese steel foundry
The acquisition improves Metso's capabilities to supply wear parts to its mining and construction industry customers in China and other markets in Asia-Pacific.
Newcrest expects writedowns to reach as much as A$6.2 billion
Gold miner will write $273 million off the value of its investment in gold miner Evolution Mining, and $360 million off fixed assets, inventory and exploration.
South Africa’s top gold miners ask unions to mend relations
AngloGold Ashanti and Gold Fields top executives say hostility between workers and management can only damage the long-term viability of the country’s gold mines and projects.
Mining boom best days still to come: BHP CEO
World's largest mining company leader says demand for Australian commodities will increase about 75% in the next 15 years.
Glencore Xstrata sues Jamaica-owned firm over alumina shipments
Commodities trader claims Jamaica firm won't send the alumina it still owes Glencore due to a new agreement with another firm.
