Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world’s major gold producers have cut back on mining deals.
Copper dropped 2.2 percent to $7,054.50 at 3:21 p.m. on the London Metal Exchange Tuesday. A close at that price would mark the biggest drop since Dec. 5.
How and why funds from former Soviet states flowed into Trump-branded real estate has been focus of speculation since start of 2016 presidential campaign.
Strengthening commodity prices have spurred investors to push Sherritt’s bonds up, but skepticism is still reflected in the yield of nearly 11 percent.
Miners of bitcoin could require up to 140 terawatt-hours of electricity in 2018. That’s more than expected power demand from electric vehicles in 2025.
The good luck for BHP is that only about 40 to 45 percent of existing nickel mine supply is suitable for processing into a battery-grade chemical product.
