CHARTS: Iron ore price won’t withstand 2015 supply flood
Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.
Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.
The miner believes that while the market is oversupplied now it will tighten from 2018.
In this interview with The Gold Report, find out what Cook expects for gold exploration in 2015, and why the next few years are going to be very interesting indeed for yellow metal miners.
The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison.
In Australia, when companies want to cut costs, they hire what are known as "toe cutters." These managers root out inefficiency and drive profitability.
Whereas total returns for the S&P 500 Index and 10-Year Treasury bond stayed relatively stable throughout the year, commodities and the U.S. dollar both made an incredible about-face starting around late June, early July.
Export taxes to remain at 15% – 25% until at least March 2015.
Be prepared to pick up quality situations during tax loss selling season and benefit off of a powerful January Effect rally.
New Worldwatch Institute analysis explores trends in coal consumption and global energy policies
Andrew Kaip, managing director of mining equity research at BMO Capital Markets, says the stark reality is that the precious metals sector is only part way through a down cycle and that structural issues will result in a fresh phase of consolidation