September 2, 2015

INFOGRAPHIC – The Petrostate Hex: How plunging oil prices affect currencies

In today's infographic, we look at how crashing oil prices over the last year have affected currencies of nations that are heavily reliant on exporting oil.

September 1, 2015

Dubai’s DMCC, Borsa Istanbul sign MoU to improve bullion trade

The Dubai Multi Commodities Centre and Borsa Istanbul have signed a memorandum of understanding to enhance bilateral relations, specifically linked to the trade of bullion, they said in a joint…

August 31, 2015

Today’s chart of the day is $XJY (Japanese yen – Philadelphia)

Over the last couple of days the yen has broken a multi-year down trend line and completed a higher high for the first time in 4 years.

August 31, 2015

China’s Zijin hands $298 million to partner Barrick Gold

The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May.

August 30, 2015

Kazakhstan to remain top of uranium heap for next decade: Kazatomprom

The state-owned entity says it will preserve its leading position as extractor of natural uranium, by developing existing mines, building new ones and introducing technologies to lower the costs of…

August 28, 2015

Indonesian mining – attractive, not always easy

The Tujuh Bukit project reflects both the attractions and difficulties facing foreign companies working in Indonesia's mining sector.

August 27, 2015

Indian gold demand to see four-year high in 2015 second half

Gold demand in India is likely to hit a four-year high between July and December on strong demand from the jewellery sector according to World Gold Council.

August 27, 2015

Freeport-McMoRan cuts spending, production and jobs: shares soar

The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations.

August 26, 2015

Iron ore still in a bull market. What does it say about China?

No commodity is more exposed to China and the iron ore price is up 20% from its 2015 low. Has the steelmaking raw material become a leading indicator?

August 26, 2015

US company to begin recovering rare earths from old electronics

U.S. Rare Earths Inc. will apply a new method that assists in the recycling, recovery and extraction process of the coveted elemenst, used as ingredients in magnets, batteries, catalytic converters…