Finance

Jul 03, 2017 at 12:11 | Tsvetana Paraskova

The leading commodities trader among global investment banks, Goldman Sachs, is assessing the future direction of its commodities business, following the worst start to a year in more than a…

Apr 10, 2017 at 15:29 | Irina Slav

International banks are preparing for the Hacienda Hedge – the secretive oil deal that has seen Mexico earn billions from successful bets on future oil prices. Detailed in an

May 04, 2016 at 10:06 | Dave Forest

It was a tough day for mining in Latin America yesterday, with prosecutors in Brazil announcing a $43.55 billion lawsuit against BHP Billiton and Vale over…

Apr 29, 2016 at 09:35 | Dave Forest

Gold is looking strong again this week — gaining after the Bank of Japan unexpectedly held off on stimulus Thursday, causing a decline in the dollar. Gold stocks are also…

Apr 19, 2016 at 10:12 | Dave Forest

The mining sector in one of the world’s most important platinum, gold and coal nations is in an uproar this week. After the government surprised the…

Apr 15, 2016 at 10:06 | Dave Forest

A couple of very important notes for the copper market the last few days. Which have the price for the red metal once again showing unexpected…

Apr 12, 2016 at 09:39 | Dave Forest

For nearly six weeks, the global gold market has been missing its largest buyer. With gold purchases across the nation of India being paralyzed by a…

Apr 11, 2016 at 09:51 | Dave Forest

There was a very interesting note buried within a report this weekend from the Wall Street Journal on gold M&A from Chinese mining firms. It suggested…

Apr 06, 2016 at 10:06 | Dave Forest

Interesting concurrence of events the past week. With not one, but two countries announcing plans for major overhauls in the mining sector. Those are the West…

Apr 05, 2016 at 10:14 | Dave Forest

The most intriguing news on the world stage this week came from uranium. Where a longtime no-go mining nation looks to be on the verge of…

Mar 30, 2016 at 10:54 | Dave Forest

A couple of updates. One quick, and one at greater length. First, from the energy sector of East Africa — where I discussed Monday how

Mar 24, 2016 at 10:43 | Dave Forest

There was good news in the Uranium sector this week in the form of a report that working conditions appear to be improving for the world’s…

Mar 22, 2016 at 11:06 | Dave Forest

Major issues are emerging in the world’s largest copper-producing nation this week. In Chile a key union of copper miners has called a strike for today,…

Mar 14, 2016 at 11:12 | Dave Forest

More signs of major shifts in the platinum sector this week. With press in South Africa reporting that major producer Anglo American is close to a…

Mar 10, 2016 at 09:24 | Dave Forest

Last week, I talked about big changes afoot in the world’s top gold-consuming nation, India. With the government there imposing a surprise sales tax on…

Mar 09, 2016 at 09:34 | Dave Forest

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s…

Mar 01, 2016 at 09:18 | Dave Forest

I wrote a few weeks ago about record slowdowns in gold sales across India. With buyers in the world’s number-one consuming nation holding off on…

Feb 29, 2016 at 10:12 | Dave Forest

Back from a week in the wilds of Myanmar (more on that in Prime Meridians this coming weekend). To find a lot of action happening…

Feb 19, 2016 at 09:49 | Dave Forest

The recent rally in gold prices has been a welcome bright spot in metals. With prices soaring from $1,050 per ounce early in January to nearly…

Feb 16, 2016 at 09:44 | Dave Forest

The mining industry got some much-welcomed good news late last week — from one of the world’s most important copper-producing centers. And then, abruptly, had it…