Gold drops 2% as Fed reduces monthly bond purchases to $55 billion
Fed says 'labor market indicators were mixed but on balance showed further improvement.'
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JPMorgan gets $3.5bn after Mercuria buys its commodities unit
Deal places European trader among world’s top commodity titans.
Ottawa reshuffle: Canada gets new Minister of Natural Resources
Former minister becomes Finance Minister.
MMG confirms negotiations with Glencore over Las Bambas; no guarantee of agreement
This is the first statement in which MMG has confirmed its intention to buy Las Bambas.
US consumers choose silver jewellery over gold— report
Triggered mainly by India’s renewed appetite for silver.
Juniors see Australia’s new tax incentive as a lifesaver
Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.
African Barrick seeks new name after partially splitting from Canadian parent
Last week Barrick Gold sold 41 million African Barrick shares to institutional investors.
Dr. Copper can’t find a cure for ongoing Chinese flu
Futures for May delivery fell on New York to a session low of $2.931 a pound, the weakest level since March 17.
Jeb Handwerger: China isn’t slowing down, it’s buying up (resources, that is)
Headlines about a Chinese economic slowdown may get good web traffic, but the real story is that China is buying up uranium and other resources around the world.
