Gold is back above $1,600/oz; TSX is up two percent
Gold started the year right climbing above $1,600, and miners were cheered seeing the S&P/TSX Composite Index gaining over two percent.
Gold started the year right climbing above $1,600, and miners were cheered seeing the S&P/TSX Composite Index gaining over two percent.
What does the new year hold for mining? If we truly knew, we would grow rich; we would buy and sell at the right time; and we would buy the right stock in the right commodities just before the price rose.
2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon.
Australian Laguna Resources (ASX: LRC) has submitted an environmental impact study (EIS) to Chile’s Environment Ministry's evaluation service for its US$300 million Arqueros gold-silver project in the north of the country.
James West isn't interested in timing the precious metals market—that's a good way to end up butchering perfectly good investments
Brazil’s Vetorial Participações will keep its merchant pig iron business despite moving into a 7.6 billion Reais ($4 billion), 20 million-tpy iron ore joint venture called Vetria Mineração.
The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur, West Bengal.
Imperial Oil is spending close to $9 billion to expand its 71%-owned Kearl Oil Sands Project.
For the first time since 1949, the United States is poised to become a net exporter of petroleum, according to the Petroleum Supply Monthly report for November put out by the U.S. Energy Information Administration.
Peabody Energy (NYSE: BTU) today announced that it has completed the acquisition of all outstanding shares in Macarthur Coal Limited and holds 100 percent of the company.