January 7, 2015

India’s rocketing iron ore imports

Still minuscule compared to China, but the subcontinent is now a net importer compared to shipments of 120 million tonnes per year before.

January 7, 2015

Buckley: China’s declining coal dependence Is evident in the data

The bottom line today is that the traditional nexus between real GDP growth, electricity expansion and coal demand is now broken.

January 6, 2015

Silver price in 2015: Better the devil you know

Strong fundamentals will lift the price, but all bets are off if the many ETF investors who bought between $20–$30 lose confidence and start liquidating en masse.

January 6, 2015

Gold price in 2015: Playing Russian roulette

The US dollar together with rates and inflation expectations will keep advances in check, but all bets are off if Russia and/or Euroland turn to chaos.

January 6, 2015

India coal strike the biggest industrial action since 1977

It is likely to cost the country 1.5 million tonnes of lost coal production a day.

January 6, 2015

China scraps decade-old rare earths export quotas

The long-awaited policy change comes after the World Trade Organization determined last year that the nation’s quota system violated trade rules.

January 5, 2015

Caterpillar stock nosedives on JPMorgan downgrade

The analysts argued that as much as 15% of the machinery maker’s revenues are dependent on the oil and gas industry

January 5, 2015

Coal India unions on five day strike from Tuesday

An estimated five lakh employees in the coal industry will begin a five-day nationwide strike on Tuesday to denounce moves towards commercial mining of the fuel.

January 5, 2015

Anglo American tries again: submits plan to expand coal mine in Australia

Revised plan plan will see the company mine 75 million tonnes over 17 years instead of 97 million tonnes over 20 years.

January 5, 2015

Glencore resumes production at Aussie coal mines

The three-week suspension aimed at battling a global oversupply of the commodity.