Vale looking to raise $10B through Chinese streaming deal
Vale (NYSE:VALE) is getting more creative in its debt-reduction plans, by bolstering cash flow through a metal streaming arrangement with Chinese companies.
Latest Stories
Goldman Sachs: Copper price heading for $1.80
“Company guidance and our estimates suggest that copper is entering the eye of the supply storm.”
Glencore halts Zambia copper production after mine deaths
Mining giant rushes to upgrade facilities following underground accidents.
Gold and gold stocks bull analogs
Over the past two weeks the precious metals complex has retested its Brexit breakout and rebounded back to the July highs.
Gold price rally sparks $50 billion of commodity investments
New report shows commodity assets under management jumping to $235 billion, the best performance since 2009, largely due to physical gold ETF inflows.
US jobs knock gold price
But likelihood of US rate hike by the end of the year still below 50% and other markets remain in easing mode.
Diamond mining entrepreneur Robert Gannicott dies at 69
Robert Gannicott is remembered as one of the pioneers and champions of Canada’s diamond industry, which he helped shape for more than two decades.
CHART: Just how wrong were 2016 gold price bears
The majority of 31 investment bank and institutional analysts polled in January saw gold trading in triple digits this year.
Gold, silver producer McEwen reports Q2 profits
The Toronto based company sees gains on output increases.