The 43-day strike at Escondida copper mine - the longest private-sector mining strike in Chile's history - ended on March 24, but part owner and operator BHP only lifted the force majeure on Thursday.Escondida is the world's largest copper mine by a large margin and the operation accounts for about 5% of the world's total copper output. Estimates put lost copper output during the strike at around...Read More
(Bloomberg) -- Vedanta Resources Plc and Vale SA led declines in industrial-mining companies as Chinese investors returning from a public holiday drove iron ore to a seven-month low. Nickel traded near its lowest in a year after Indonesia's largest producer started shipping ore to China.An index of 18 producers tracked by Bloomberg Intelligence headed for a third straight loss, with Vedanta dropp...Read More
Investing.com - Gold prices pulled away from the previous session's five-week highs on Thursday, as the dollar regained some ground ahead of a string of U.S. data due later in the day and on Friday amid mounting hopes for a June rate hike by the Federal Reserve.On the Comex division of the New York Mercantile Exchange, gold futures for June delivery were down 0.39% at $1,267.05.The June contract e...Read More
(Adds futures, company news items)June 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 21 points at 7541, on Thursday, according to financial bookmakers, with futures FFIc1 0.33 percent higher ahead of the cash market open.* POLL: Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, according to a projection by polling company YouGov, raising th...Read More
June 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 21 points at 7541, on Thursday, according to financial bookmakers.* POLL: Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, according to a projection by polling company YouGov, raising the prospect of political turmoil just as formal Brexit talks begin. BARCLAYS: Barclays BARC.L will sell...Read More
LONDON, 1 June 2017 - Best-selling UK broadsheet The Daily Telegraph today warns on its website about the difficulty of selling gold coins or small bars after you've bought them, and contrasts the ease of using BullionVault."In recent years it has become far easier for the average individual to buy and sell the precious metal," says Telegraph.co.uk's Money section."[But] if you have taken physical...Read More
LONDON, 1 June 2017 - US-based internet magazine Mining Global today quotes BullionVault comment on the latest silver production and demand data.With silver-mine output reported lower for the first time in 15 years by specialist analysts Thomson Reuters GFMS, "Last year's small drop still leaves global silver mine output higher by one-third from a decade ago," says Adrian Ash, director of research...Read More
Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.When new governments are formed, people can vote with their feet for the best style of governance.If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mi...Read More
Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.When new governments are formed, people can vote with their feet for the best style of governance.If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mi...Read More
Lecture delivered by Robert Dickinson at the Shukla Symposium on Predictability in the Midst of Chaos (April 23-24, 2015).Read More
TradeTech's spot uranium prices experienced their first significant move in awhile last week, slumping by $2.00 to reach $19.50 per lb. In the prior week prices inched higher, but before that they went through a long period of stagnancy.Following last week's move, TradeTech's spot uranium price indicator is down 26% this year. Spot uranium prices are only 4% above the 17-year low they fell to last...Read More
A new energy scenarios report identifies a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean.The World Energy Council has identified that if the Latin American & the Caribbean (LAC) region is to achieve a sustainable economic growth of 2.7% to 2060, an effective system o...Read More
May 31 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of May 30, 2017. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) --------------------------- --------- SHORT TERM RATINGS: ------------------- AbacusBGCRISIL A411Reaffirmed(Issuer NotCooperating) Adnan TradersPacking CreditCRISIL A470Reaffirmed Adnan Trad...Read More
Investing.com - Gold prices held steady on Wednesday, amid mounting expectations for a U.S. rate hike next month as investors awaited the release of key U.S. employment data later in the week.On the Comex division of the New York Mercantile Exchange, gold futures for June delivery were steady at $1,262.48.The June contract ended Thursday's session 0.47% lower at $1,262.10 an ounce.Futures were lik...Read More
(Adds company news items, futures)May 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points at 7,535 on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.2 percent ahead of the cash market open.* IG GROUP: IG Group Holdings Plc IGG.L , a British online trading company, said it expected full-year pretax profit and earnings to be "modestly" ahead of last year,...Read More
May 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points at 7535 on Wednesday, according to financial bookmakers.* INDIVIOR: British drugmaker Indivior Plc INDV.L said on Tuesday it applied for a new drug application to the U.S. Food and Drug Administration to market its drug to treat opioid use disorder (OUD). ANTOFAGASTA: Chilean mining company Antofagasta Minerals ANTO.L...Read More
Description As global demand weakens and commodity prices fall, we're seeing a challenging environment in the metals and mining industry. Mining companies are increasingly coming under pressure to reduce operating costs, causing many to shift their strategic planning, delay new investments and look to long-term future growth. This Copper Short Term Outlook report provides a detailed breakdown of...Read More
The Case for Nuclear Power and the Top Five Uranium Mining CompaniesUranium is a metal that exists in significant quantities in just about every part of the world. It is used overwhelmingly to ensure the generation of nuclear power. In this context, the top uranium mining companies are the ones that innovate and seek to make maximum use of all the prospects that this mineral affords.As for the ura...Read More
Frukostm??te med IVAs N??ringslivsr??d och Ian Lundin, Lundin Petroleum.F??rhoppningarna ??r stora p?? det norska j??ttefyndet Johan Sverdrup, ett f??lt som uppskattas inneh??lla mellan 2,0 och 3,0 miljarder fat olja.Samtidigt g??r den globala utvecklingen mot en alltmer fossilfri energiproduktion. Hur ser framtiden ut f??r oljeindustrin och Lundin Petroleum?IVAs N??ringslivsr??d h??lsar v??lkomme...Read More