Gold price: Hedge funds pile back in
Large-scale gold futures investors jockey for bullish positions as gold price momentum builds towards $1,300 an ounce.
Latest Stories
Turquoise Hill soars on Rio Tinto increasing stake rumours
The mining giant is said to have hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.
Luxembourg invests heavily in space mining
First time a country partners with privates to boost the development of the industry.
Major mining assets change hands after commodity rout
Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.
Gensource planning small potash mine for south central Saskatchewan
A Saskatoon-based potash company is planning to expand its operations within the province after purchasing two mining leases that could lead to a small production site in south central Saskatchewan.
Copper may have role in burning fat
It probably won't become the latest fad diet, but copper is believed to be useful for burning fat and therefore avoiding weight gain.
US coal production drops to lowest level since 1981
Above-normal temperatures during the winter of 2015–16 were a key reason for the large decrease in coal production during the first three months of 2016.
Cameco CEO Tim Gitzel on uranium market transformation
"The long-term market where normally about 150–160m pounds were traded each year – in the last three or four years it’s been about a one third of that."
Oil at US$100? Some hedge funds are betting on it
Current low prices will generate a supply crunch as oil companies cut billions of dollars in spending on developing fields.
