June 29, 2015

INFOGRAPHIC: Environmental control projects at units granted MATS extensions

Due to the long lead time for environmental control projects, many coal-fired generators have moved ahead with compliance plans.

June 29, 2015

Mongolia to pay $100 million owed to Canada’s Khan Resources

The company, however, says it has not yet received any direct communication from Mongolia on the matter.

June 29, 2015

Europeans rush to gold coins as Bank of Greece stops sales

European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro.

June 29, 2015

South Africa’s gold workers ‘unimpressed’ with 13% pay rise offer

Gold producers offered above-inflation wages, which make up 55% of their mining costs in the country.

June 29, 2015

Greece and short positions

As I wrote last week, in the run-up to the half-year precious metals’ prices face a conflict between window-dressing for the lowest possible valuation, and the systemic risk that is…

June 29, 2015

Iamgold trims 2015 output forecast over earthquake disruption at Quebec mine

The Canadian miner said it expects the lower output to "adversely" impact costs at the mine.

June 29, 2015

Gold steadies as Greece fears offset by weaker euro

It gave up early gains as the prospect of a Greek debt default, which hit European shares, was offset by a strengthening dollar and wariness among investors over the metal's…

June 29, 2015

Gold bulls are on borrowed time

Greece is once again in the news, and may act as a catalyst for market volatility in the short term.

June 29, 2015

BHP tipped as favourite in race for Barrick’s Zaldivar mine in Chile

BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.

June 28, 2015

Market Report: Greece and short positions

Hedge funds and high-frequency traders have finally forced gold into a US dollar loss this year as shown in our introductory chart, but silver is still in positive territory.