Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children
The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.
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Derivatives and mass financial destruction
With oil prices having halved in the last six months, together with the attendant currency destabilisation, there have been significant transfers of value through derivative positions, so large that financial instability may result.
Gold stocks shine in 2015
Gold stocks have suffered a miserable few years, becoming a laughingstock even among contrarians. But this despised sector’s seemingly-endless downward spiral has left gold stocks vastly undervalued relative to gold, which drives their profits.
Liebherr’s mining division sees turnover dip
The German equipment manufacturer expects it to drop by at least 4.5% this year, about $317 million less than in 2013.
CHART: Hedge funds won’t put money on 2015 gold slide
Compared to December 2013, bullish bets by large speculators in gold futures are three times higher going into 2015.
CHART: China vs copper – much better than you think
It's all about the base.
Trevali surges on polymetallic mine restart
Vancouver-based junior jumps 8.5% after hitting targets for re-start of 100%-owned Caribou zinc-lead-copper-silver-gold mine in New Brunswick, Canada.
Atlas Copco launches mobile “hole opening” equipment
Atlas Copco has announced the launch of a new mobile rig for boring “opening holes”—raiseboring, boxhole boring and downreaming. Named “Easer,” the rig can boxhole bore and downream to 29 inches in diameter, as well as perform conventional raiseboring to 47 inches in diameter.
Russian miners find rock containing 30,000 diamonds
Unearthed at Alrosa's Udachnaya diamond mine, it was later donated for study as the diamonds it contained were pretty much worthless as gems.
