A bull market in gold and silver has been confirmed, but no bull market is sustainable on a nonstop price spike, therefore, it is not if but when a correction will begin.
On Monday, Asanko shares added to three-fold gains year-to-date after releasing maiden resource for satellite targets at its producing mine in West Africa.
Iron ore’s resilience in recent months has defied many analysts’ forecasts, as Beijing’s stimulus plans, restocking by Chinese steel mills and historically low port stockpiles have supported prices.
Coal miner Peabody Energy Corp, which filed for Chapter 11 bankruptcy protection in April,asked a bankruptcy court on Wednesday to let it pay up to US$11.9 million in incentives to its executive leadership team should the group meet certain performance targets.
The Lesedi diamond opened at $50 million and struggled from the start. Fifty-one million dollars, someone offered, and too long after that, $52 million. This was not the scenario that Lamb had imagined in his dreams.
Devised by California-based Richfield Oil Corporation, Project Oilsand was uncannily simple: Get an atomic bomb from the Americans and blow it up under Athabasca.