Ultimately the widespread selling is evidence of investors’ revulsion for a sector that has struggled with falling prices for four years and has demonstrated no clear schedule for a recovery.
The new agreement replaces a previous three-year contract that would have seen Nautilus supplying 1.1 million tonnes of unrefined copper ore to Tongling Nonferrous Metals Group.
Rob McEwen, explains why he still thinks that this is a possibility in the next four years and how companies can take advantage of technology to ensure that a price rise goes to the bottom line—and ultimately shareholders.
On November 30th the International Monetary Fund (IMF) announced that it would admit China's Renminbi currency, commonly known as the Yuan, to the select basket of reserve currencies that make up its Special Drawing Rights (SDR's).
