 |
Louisiana Light • 4 days | 73.53 | -2.49 | -3.28% | ||
|
Bonny Light • 3 days | 76.08 | +0.77 | +1.02% | ||
|
Opec Basket • 4 days | 76.94 | -0.55 | -0.71% | ||
|
Mars US • 2 days | 71.47 | +0.84 | +1.19% | ||
|
Gasoline • 39 mins | 2.714 | +0.011 | +0.40% |
|
Bonny Light • 3 days | 76.08 | +0.77 | +1.02% | ||
|
Girassol • 3 days | 78.05 | +0.70 | +0.90% | ||
|
Opec Basket • 4 days | 76.94 | -0.55 | -0.71% |
|
Peace Sour • 3 days | 66.08 | -2.51 | -3.66% | ||
|
Light Sour Blend • 3 days | 67.38 | -2.51 | -3.59% | ||
|
Syncrude Sweet Premium • 3 days | 76.33 | -2.51 | -3.18% | ||
|
Central Alberta • 3 days | 65.68 | -2.51 | -3.68% |
|
Eagle Ford • 4 days | 68.31 | -2.51 | -3.54% | ||
|
Oklahoma Sweet • 4 days | 68.50 | -2.50 | -3.52% | ||
|
Kansas Common • 4 days | 62.00 | -1.25 | -1.98% | ||
|
Buena Vista • 6 days | 76.15 | -1.09 | -1.41% |
Visualizing The De-dollarization Of The Global Economy
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Finance
Copper Prices Ignited By Chinese Demand Growth
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…
Gold Prices Could Spike As India Resumes Imports
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…
Is South America Set For A Gold Rush?
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…
West African Nations Crack Down On ‘’Inactive’’ Miners
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…
Huge Uranium Deposits May Soon Be Fair Game In Argentina
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…
Gold Prices Could Take Off As Unrest In Indian Markets Eases
A couple of updates. One quick, and one at greater length. First, from the energy sector of East Africa — where I discussed Monday how
Uranium Production Costs Fall For The First Time In 5 Years
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…
Chile Sees Unrest In Its Gold And Copper Sectors
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,…
How Lower Demand For Steel Boosts Platinum Prices
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…
Gold Prices Under Pressure As Indian Demand Plunges
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…
China Is Now In Control Of Global Silver Prices
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…
India Just Shocked The Gold Market With This Unexpected Tax Hike
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…
Is Venezuela About To Revolutionize Gold Mining With This $5B Deal?
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…
Does This Signal The End Of The Gold Rally
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…
Africa’s Largest Copper Major Suffering From Indecision
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…
Is Nigeria Moving From Oil Into Gold?
When it comes to gold in northern Africa, the focus has always been on places like Ghana and Burkina Faso. With growing exploration activity pushing into neighboring countries like…
Here Are The First Two High-Profile Downgrades In Energy And Mining
I wrote in late January about 175 mining and energy firms being placed on watch for credit downgrades — potentially signalling a wave of financial…
Private Equity Financing In Mining Jumps 238%
One of the world’s biggest mining events kicked off yesterday: the Mining Indaba in South Africa. And one of the initial presentations at this big show provided some shocking numbers…
The World Has Never Seen A Mining Exploration Scheme Like This
As I’ve been discussing the last several months, reforms in India’s mining and exploration sector have been coming quickly of late. And this week things appear to have reached…
World’s No.2 Platinum Miner Faces Huge Political Risk In Zimbabwe
Experts at Johnson Matthey said last month that platinum is likely to post a bigger-than-expected supply deficit for 2015. And news this week suggests that…
