The overall markets are exuberant. Valuations rise regardless of value created. And gold is conspicuously not at the party.

A mess.

Water ban.

Metso has been selected to supply cutting-edge flow control technology to the PETRONAS Gas Berhad's gas processing plant modernization project in Kerteh, Terengganu, Malaysia. The new flow control solutions will replace the plant's existing equipment and enable the plant to reach a higher safety integrity level while improving its environmental performance.

Exports for the year could reach 756,000 tonnes after US company agrees to build smelter and sell a stake in subsidiary to locals.

And the impact on gold and oil prices

800m tonnes going into Asian markets that the big four can't displace says 10m tonne per year Pilbara producer Atlas Iron.

July gold fund holdings jump on safe haven buying amid geopolitical strife and a correction in equities.

Australia’s most successful mining prospector has warned juniors face unprecedented hurdles to bring projects to market as excessive ­regulation and high start-up costs threaten to derail the next leg of the resources boom.