Commodities’ biggest drop of 2015 underscores Goldman bear view
Commodities fell, heading for the biggest two-day selloff since November, as speculation over rising U.S. interest rates fueled a rally in the dollar.
Latest Stories
South Africa doesn’t have enough coal for power plants beyond 2016
Main power utility, Eskom, is struggling to meet demand in a country that depends on coal to generate 85% of its electricity.
INFOGRAPHIC: Nuclear takes back seat in United States, but drives the bus in China
The vast majority of nuclear reactors in the US have been steaming along for decades and are approaching their decommissioning date.
Romania opens door to new gold, copper project led by Canadians
This is first time Romania grants a mining license without the involvement of a state-owned enterprise.
US to miss own emissions targets: report
Necessary tougher measures are likely to meet fierce Republican opposition.
No point in top iron ore miners cutting supply: Goldman
Goldman expects the iron ore "war of attrition" will continue while prices gradually decline toward its $40 per metric ton forecast by 2017.
China eyes Canadian uranium miners — report
China needs supply for its 22 operating reactors and the other 24 currently are under construction.
China to launch $16bn gold investment fund
The entity will be run by a new company to be established by gold producers and financial institutions.
Fortescue shares skyrocket on Chinese investment rumours
The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.
