Billionaire Sawiris hopes to join Egypt gold rush as rules eased

Thibaut Lepouttre, editor of Caesars Report, speculates on why the major acted when and where it did, and what it might mean for the future.

The collapse of the global resources stock market capitalization will have severe consequences.

The Great Depression was the most severe economic depression ever experienced by the Western world. It was during this troubled time that the world’s most famous case of deflation also happened.

According to official figures, Iran has now more than $10 billion of investment pledges under its belt.

The copper mine, property of Japan's top smelter JX Nippon Mining & Metals, will have to pay $10.8 million for breaching environmental rules.

The move comes only three months after U.S. President Barack Obama signed a space exploitation law.

The precious metal has become the best performing commodity of the year and one of the very few to post a sizable gain in 2016.

However, they acknowledge that there are no signposts yet in the market that suggest mineral prices will rebound soon.

The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.