LME falling into Chinese hands
In another milestone of Britain’s century-long fading as a global power, the 135-year-old, privately held London Metal Exchange — the world’s premier non-ferrous metals market — looks set to be sold off to interests…
Commodities Markets
Commentary: Mining execs short-term gloomy, long-term optimistic: MRG survey
The following are findings from the Mining Recruitment Group’s (MRG) latest annual Executive Survey, which was distributed during the first week of June and completed by 140 mining leaders.This has been a year of tremendous volatility for…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 11 June 8 June 7 June 6 June 5 US$ in C 1.0283 1.0332 1.0244 1.0297 1.0414 …
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, May 29, 2012 Precious MetalsPrice…
Editorial: Are gold stocks the new value play?
The game of gold investing never gets dull for investors who get to ponder the delicate interplay of geopolitics, macroeconomics, heavy industry, mineral exploration and fashion trends that gives us our ever-changing prices for gold bullion and…
Commentary: Canadian miners’ ability to attract talent takes hit
The March 2012 federal budget in Canada sent shockwaves through the nation’s resource sectors when it announced the scheduled phase-out of the overseas employment tax credit (OETC) by 2016. Now, Canadian mining and metals companies…
Editorial: Stealth Bill C-38 upends CEAA
Over the years, mine developers in Canada have heard politicians at the provincial and federal level make so many empty promises to streamline the redundancy-laden process for mine approvals, it’s been easy to tune them out and temper…
Commentary: Greenland, the northern hemisphere’s last frontier
Global demand for raw materials is increasing, and we believe Greenland can play a part in meeting demand.
Anglo takes the reins at De Beers
As global diversified miners BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) look to step out of the diamond business, a third, Anglo American (AAL-L), is diving in deeper….
Questions, but no answers (yet)
These are interesting times for an industry that is still recovering from the Great Recession. BHP Billiton and Rio Tinto announced in recent months that they’re looking to leave the…
Diamonds: as good as gold for investors?
The financial crisis of 2008 was the first time that many investors experienced first-hand the worst-case scenarios of investing. In response to that frightening experience, and the ongoing global financial…
Editorial: Argentina YPF shocker frazzles foreign miners
When 10,000 British troops tried for a second time in 1807 to invade Buenos Aires after having taken it and lost it the previous year, they were met not only by Spanish troops and irregulars, but also by women throwing roof tiles and pouring…