A patient Fed considers losing patience
Although I have been critical of the Fed for many years, I never imagined that it would provide me with material that bordered on the metaphysical.
Although I have been critical of the Fed for many years, I never imagined that it would provide me with material that bordered on the metaphysical.
In this interview with The Gold Report, Sangmuah tells investors how to avoid the party crashers and seek names that can hit the high notes with long-life production assets that can generate significant cash flow to retire debt, grow the business and return some profits to shareholders.
Bullish bets on gold price cut for the fifth week in a row ahead of Friday's wipeout and silver longs slashed nearly 30% in a week.
Gold's 2015 rally evaporated on Friday and gold guru Rick Rule can see downside from here, but also the approach of a bottom in the market.
Expansion of Mount Thorley-Warkworth coal mine in the Upper Hunter, had been knocked back twice in the courts.
Output rose to 284 tonnes in 2014, the highest in 11 years, speeding up the depletion of high-grade mine reserves.
The company said it has been blocked from completing construction of a processing plant at the site.
Hearings starting on Monday for a new uranium mine in Canada's Nunavut territory are attracting opposition from environmentalists and local First Nations who say the Kiggavik project impinges on important caribou calving grounds.
The cuts include scaling back some operations and deferring projects. Further job cuts to follow.
The contract has been awarded to a consortium headed by Grupo Mexico, the same company responsible of a major toxic spill in Sonora last year.