May 28, 2015

Eurozone is no bargain market, despite higher gains in US: David Stevenson, Fleet Street Letter

Rip-roaring market valuations in the US are supported by ever-expanding corporate and government debt.

May 28, 2015

Life hasn’t come back to Canada’s mining sector just yet — report

Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.

May 28, 2015

Austria plan to repatriate gold not linked to Brexit talk: Nowotny

Decision said to reflect trend among central banks.

May 28, 2015

Swiss gold exports to China drop 67% in April

Exports dropped by around 67% in April to just 15.1 tonnes.

May 28, 2015

Iron ore tycoon Gina Rinehart loses $3.8bn legal battle

She lost control of the family trust, which holds almost 25% of iron ore miner Hancock Prospecting.

May 28, 2015

Amur Minerals rises and falls on licence to mine nickel, copper in Russia

On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.

May 28, 2015

Teck reacts to depressed coal prices by halting production at Canadian mines

The company says each of its six mines will be shut down for three weeks in the third quarter.

May 28, 2015

Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.

May 27, 2015

Chile regulator seeks sanctions against Lundin’s Candelaria mine

Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.

May 27, 2015

South Africa doesn’t have enough coal for power plants beyond 2016

Main power utility, Eskom, is struggling to meet demand in a country that depends on coal to generate 85% of its electricity.