 |
Louisiana Light • 4 days | 89.16 | +0.62 | +0.70% | ||
|
Bonny Light • 1 day | 91.29 | -2.25 | -2.41% | ||
|
Opec Basket • 4 days | 90.77 | +0.15 | +0.17% | ||
|
Mars US • 164 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 19 mins | 2.796 | +0.013 | +0.45% |
|
Bonny Light • 1 day | 91.29 | -2.25 | -2.41% | ||
|
Girassol • 1 day | 91.81 | -2.21 | -2.35% | ||
|
Opec Basket • 4 days | 90.77 | +0.15 | +0.17% |
|
Peace Sour • 23 hours | 78.76 | +0.64 | +0.82% | ||
|
Light Sour Blend • 23 hours | 82.41 | +0.64 | +0.78% | ||
|
Syncrude Sweet Premium • 23 hours | 89.36 | +0.64 | +0.72% | ||
|
Central Alberta • 23 hours | 79.16 | +0.64 | +0.82% |
|
Eagle Ford • 4 days | 82.14 | +0.64 | +0.79% | ||
|
Oklahoma Sweet • 4 days | 82.00 | +0.50 | +0.61% | ||
|
Kansas Common • 4 days | 76.00 | -5.50 | -6.75% | ||
|
Buena Vista • 5 days | 88.72 | -1.19 | -1.32% |
Liberty Steel Unveils Ambitious Expansion Plans
Liberty Steel announces a restructuring…
Trade Disputes and Technological Advancements Impacting Rare Earth Market
Rare earth metal prices have…
Metals / Commodities
The New Tech Transforming The Platinum Industry
There is upheaval in the platinum space right now, with big fluctuations in the South African rand threatening to take down prices across the platinum group metals complex. That trend…
Judgement Day Awaits South Africa’s Mining Sector
Tense days in the South Africa mining sector. With industry waiting to see if the government will move on major amendments to the country’s mining code — which are reportedly…
Is The End Of The Escondida Strike A ''Disaster'' For This Mega-Mine?
Major South American miner Milpo dealt a major blow to the copper sector this past Thursday. Announcing that it will pull out of the Michiquillay project in Peru — one…
This World-Leading Copper Supplier Just Came Back Online
The workers’ strike at the world’s largest copper mine, Chile’s Escondida, shows no signs of stopping. With unions this week rejecting a request by management for a new round…
Here’s The Official New No.1 Copper Supplier To China
I wrote in late January about how Peru has been squeezing Chile in terms of copper supply to China. And this week, it’s official. Peru is now the…
Has South Africa Just Pushed The Restart Button For Mining?
One of the most striking stories in mining the last decade has been the decline of South Africa. With that nation going from world’s top gold producer in 2006 all…
This Copper Hotspot Faces Another Shutdown
All eyes in the copper world have been on stoppages at the Escondida, Chile and Grasberg, Indonesia mega-mines this past week. But elsewhere, other concerning events are emerging for copper…
Profitable Once Again: Copper Miners Report Better Numbers
It’s a big day for copper. With workers at Escondida, Chile — the world’s largest mine – having signaled they intend to start strike action today, earlier than expected.…
Is This The Final Week For The World's Largest Copper Mine?
I’ve been writing the last few weeks about brewing problems at the world’s largest copper mine: BHP Billiton’s Escondida operation in Chile. And this week, it’s crunch time for that…
Chinese Make Aggressive Move In High Risk Mining Assets
Definitely a theme in the news this week: the continued resource dominance of China. Despite all the concerns the last couple of years about a China slowdown, data emerging for…
The Philippines Just Shut Down Half Of Its Mining Industry
One of the most-watched happenings in the global mining sector came to a head yesterday. As the government of major mining center the Philippines unveiled results of a nation-wide…
South African Platinum Miners Struggle As Strikes Intensify
More warning signs emerging this week in the world’s top-producing platinum nation, South Africa. Where it appears the depressed state of industry is endangering the future of several critical mines.…
China’s Hunger For South American Copper Continues To Grow
The world’s largest copper mine is moving closer to a shutdown. With unionized workers at Chile’s Escondida operation yesterday rejecting owner BHP’s latest wage offer — and now facing…
World’s Largest Mining Investment Fund Is Bargain Hunting Again
China expanded its global reach again this past week. With the first-ever rail shipment of Chinese goods arriving in London, as part of a new Silk Road train…
Lithium Miners In This Key Producing Nation Could See Radical Changes Soon
The “value added” craze has been sweeping the mining world. With governments from Zimbabwe to Indonesia calling for miners to upgrade copper, nickel, aluminum and platinum in-country — rather than…
All Copper Exports From This World-Leading Nation Stopped Last Night
I wrote in late December about a looming crisis in Indonesia’s mining sector. And yesterday, it hit. Officials at Indonesia’s mining ministry confirmed that miners including Freeport-McMoRan have…
Metals Rise Across The Board After OPEC Agreement
Yesterday, the Organization of Petroleum Exporting Countries finalized a deal to cut production by 1.2 million barrels a day starting in January, its first reduction since 2008. The production deal…
Copper Prices To Rocket In 2017
Warnings of a potential surge coming in global copper prices this week. Emerging from a place few observers in the space are focused on. The southern Africa producing nation of…
Copper Markets On The Move As China Seals Peruvian Mega Deal
Big deal reached this past week in one of the world’s rising-star nations for copper production. Peru. It didn’t get much press, but one of Peru’s biggest copper mines has…
Platinum Crisis Averted As Miners Strike Deal With Unions
Major development in the global platinum sector this week. With miners in the world’s top-producing nation South Africa apparently having reached a deal with mineworkers to avert major strike action.…
