Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late 1990s and already lasts nearly 15 years. During this time, most commodity prices manifold strongly.
The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to push through the $90 billion merger with Xstrata.
Lake Shore Gold added 8.2% on Thursday after announcing positive financial and operating results for the first quarter as it accelerates a $160 million capex programme for the year.
Yanzhou Coal Mining Co. (1171) is among companies in talks to buy Vale SA (VALE5)’s stake in an Australian coal mine for more than A$500 million ($503 million), said people with knowledge of the matter.
A proposal by Imperial Metals to develop the Red Chris mine in northern BC is not sitting well with a local First Nation.
One special session at the April 27–29 Casey Research Recovery Reality Check Summit wasn't on the agenda—a private panel for The Gold Report readers with three of the premier summit speakers: Global Resource Investments Founder and Chairman Rick Rule, Casey Research Senior Editor Louis James and Casey Energy Opportunities Senior Editor Marin Katusa.
Fearing a backlash by foreign investors in the mining sector – the foundation of the country's economy – Mongolian legislators on Tuesday watered down many of the provisions of draft legislation that gives the state greater control and ownership of mining projects.
In early May, the Graphite Express Conference rolled in to Toronto for a date with investors looking to punch a ticket to big returns.
The Ontario Ministry of Northern Development and Mines announced today that Cliffs Natural Resources will invest $3.3 billion to build a chromite mine, transportation corridor and processing facility in Northern Ontario's Ring of Fire, generating thousands of jobs and new infrastructure.
Are developed nations across the globe at the precipice of oblivion?