Morgan Stanley: Iron ore will drop to $35 by fall
Iron ore advanced to a 5-week high of $53.40 on Tuesday, but analysts see steep decline in the final quarter of 2016.
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Kitchen-table deal launched Nevada gold royalty play
Mining royalties can be a fabulous business model, as demonstrated by royalty and streaming giant Franco-Nevada. The company has become a $15-billion powerhouse with claims on assets ranging from gold and base metals mines to oil and gas operations.
Gensource Potash (TSXV:GSP) – trading for pennies on the dollar – literally
The company still trades at a paltry C$14 million, leading us to believe this is one of the most undervalued companies in Canada.
World’s largest diamond found in 100 years goes under the hammer
CEO of Lucara Diamond, the company that found it, is urging the potential buyer to leave it untouched.
These five coal miners spent $95 million on lobbying before going bankrupt
Report claims that Walter Energy, Patriot Coal, Alpha Natural Resources, Arch Coal and Peabody Energy also allocated more than half a billion dollars for top executives salaries in decade before going bankrupt.
Copper is soaring, hits 7-week high
Thanks in part to a weak US dollar and the chance of monetary policy easing in China, responsible for nearly half of global metals demand.
A bull market in gold is now confirmed
Gold rose sharply after Britain's Brexit vote and technical analyst Jack Chan has found that a new gold bull market has been confirmed.
Brexit double whammy great for these gold miners
Moody's says AngloGold Ashanti, Gold Fields will start spewing cash as gold price rise and currency falls combine – for Anglogold it's an extra $20m a month.
Brien Lundin: Brexit underlines currency debasement as the real driver behind gold price appreciation
The Brexit vote to leave the E.U. is bullish for gold as it creates uncertainty but the real driver for the long term gold price is currency devaluation, which is happening now globally at an unprecedented rate as most countries attempt to lessen the value of their debt.