Agnico Eagle Mines CEO Sean Boyd expects gold prices to continue to strengthen amid global economic uncertainty and deficit spending, and the metal may hit a record $2 000/oz in the next two to three years.
“Governments focus on running a deficit budg…
Agnico CEO expects gold rallying to record $2 000 in 2-3 years Read More »
Coal power generators in Europe face €6.6-billion ($7.3-billion) of losses this year as plunging renewable energy costs and cheap natural gas cut use of the dirtiest plants to a record low. Almost 80% of lignite and hard coal-fired generators will be u…
Coal power plants face $7.3bn of losses in Europe in 2019 Read More »
Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a small Canadian company joining a rush for gold in West Africa. The western tip of the continent is seen as a new frontier as gold m…
Nigeria bid to boost mining gets help From West Africa gold rush Read More »
Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a small Canadian company joining a rush for gold in West Africa. The western tip of the continent is seen as a new frontier as gold m…
Nigeria bid to boost mining gets help from West Africa gold rush Read More »
Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a small Canadian company joining a rush for gold in West Africa. The western tip of the continent is seen as a new frontier as gold m…
Nigeria bid to boost mining gets help from West Africa gold rush Read More »
President Sebastian Pinera’s mea culpa and raft of concessions designed to quell Chile’s worst social unrest in decades weren’t enough to prevent more street protests and disruptions at giant copper mines and ports.
On Wednesday, workers proceeded wit…
Unions join Chile protests as Pinera strives to quell unrest Read More »
Caterpillar lowered its earnings forecast for 2019, blaming heightened “economic uncertainty” for slowing customer purchases. The world’s largest maker of mining and machinery equipment reported the first decline in quarterly profit in almost three yea…
Caterpillar blames global economic uncertainty for sales dip Read More »
Step aside Canada, Australia and South Africa: West Africa is fast becoming the hottest ticket in gold mining.
Producers and prospectors are pouring money into the region as prices rally and the industry at the southern tip of the continent keeps shri…
Gold’s rally is driving a rush to one of metal’s final frontiers Read More »
When the head of the world’s nuclear watchdog died in July, his death was kept secret for four days. Many people didn’t even know Yukiya Amano was sick. The process that will see his post finally filled this week is shrouded in just as much mystery. Th…
The secretive election of the world’s top nuclear peacekeeper Read More »
Investors are prepared for the worst as the day of reckoning looms for Eskom Holdings, the State-owned power utility seen by Goldman Sachs Group as the biggest threat to the country’s economy. Yields on benchmark South African government notes are at t…
Investors turn defensive as Eskom’s day of reckoning approaches Read More »
