Fort McMurray evicts oil sands companies that helped it grow
The most affected will be Value Creation Inc.
The most affected will be Value Creation Inc.
Clashes between illegal miners and an unexplained incident near Lonmin's Marikana mine fuel concerns of a new wave of violence across the mining industry.
FT's John Gapper writes: "This abrupt integration of metals trading and storage echoes how banks piled into subprime mortgages before the 2008 crisis."
He also cut down his executive team and said at least half of Anglo’s $17 billion project pipeline will be shelved or cancelled.
Companies need to fail and production needs to fall off a cliff before we see the gold price substantially improve.
Eldorado Gold CEO Paul Wright's $18.7 million pay package was mostly made up of bonuses, share options and a more than generous pension plan.
The Greece delays will take place at the Perama and Skouries sites.
Gold was off 14.6% and diamonds were down 19.7%
We may begin to see hoarding develop in select commodities, similar to 2008-2009, against a backdrop of capitalism “laying in its death bed”—a result of on-going monetary stimulus.
Acquisition Makes H-E Parts The Clear Alternative Supplier For Global Mining Customers.