SGS expands Corescan service in North America
SGS has enhanced its hyperspectral analysis capability in North America by adding a mobile unit, based in Canada.
Commodities Markets
Asian, African miners more likely to switch heavy equipment suppliers, Timetric survey says
A survey of buyers and senior decision makers at more than 500 mines across the globe wide shows that most Asian and many African miners anticipate switching major equipment manufacturers in the next five years.
Editorial: Commodities prices follow China’s economy south
China’s slowing economy and sinking stock market are wreaking havoc on already oversupplied commodity markets around the globe.
Strong headwinds for thermal coal
A year ago, South Africa’s Exxaro Resources (JSE: EXX; US-OTC: EXXAY) agreed to pay US$472 million to acquire 100% of Total’s (NYSE: TOT) South African thermal coal unit Total Coal South Africa Pty., which includes a majority…
TSX posts marginal dip, Aug. 10-14
The surprise devaluation of China’s currency on Aug. 11 pulled many base metal prices lower on fears that demand from the world’s largest buyer of metals would fall. The price of safe-haven gold, by contrast, rose 1.8% to finish at…
NWT’s Ramsay stays upbeat as Canada’s energy and mine ministers meet
VANCOUVER — On July 20 Canadian federal, provincial and territorial energy and mines ministers gathered in Halifax, N.S., for the 72nd annual Energy and Mines Ministers’ Conference. The event comes at a time that the mining…
Editorial: Commodities rout tests miners’ pain threshold
July has been such a brutal month for commodities producers that even last year’s prices are looking pretty good now. The rout in commodities prices in recent weeks has been unrelenting, wide-ranging and driven by macroeconomic factors…
Silver Institute: Demand perks up in first half 2015
The following is an edited version of a report by The Silver Institute. For more information please visit www.silverinstitute.org
Commentary: Indians’ view of gold – A barbarous relic for a barbarous present
Many people try to find a correlation between inflation and gold price, often using the U.S. dollar as their base currency. They ignore that the biggest gold consumers — in rural parts of India and China — are not driven by…
Global gold market steady through Q1
The following is an edited summary released by the World Gold Council based on their Gold Demand Trends report for the first quarter. For more information, please visit www.gold.org.
Silver supply and demand trends for 2014
The following findings were released by The Silver Institute based on their World Silver Survey for 2015. For more information and to access the full survey, please visit www.silverinstitute.org.
SNL report: Copper dominant in 2014 mining acquisition activity
The following report, Signs of Life in Mining Acquisitions, was released by Virginia-headquartered SNL Metals & Mining. For more information, please visit www.snl.com.