WTI Crude •10 mins | 52.41 | -0.72 | -1.36% | |
Brent Crude •10 mins | 55.48 | -0.62 | -1.11% | |
Natural Gas •10 mins | 2.466 | -0.025 | -1.00% | |
Mars US •18 hours | 53.88 | -0.28 | -0.52% | |
Opec Basket •2 days | 55.14 | -0.61 | -1.09% | |
Urals •31 days | 42.22 | +0.00 | +0.00% | |
Louisiana Light •2 days | 54.90 | -0.31 | -0.56% |
Marine •2 days | 55.57 | -0.60 | -1.07% | |
Murban •2 days | 55.76 | -0.78 | -1.38% | |
Iran Heavy •2 days | 52.16 | -0.44 | -0.84% | |
Basra Light •2 days | 57.66 | +0.03 | +0.05% | |
Saharan Blend •2 days | 55.44 | -0.65 | -1.16% | |
Bonny Light •2 days | 55.27 | -0.35 | -0.63% |
Canadian Crude Index •2 days | 40.08 | +0.03 | +0.07% | |
Western Canadian Select •12 hours | 39.23 | -0.28 | -0.71% | |
Canadian Condensate •12 hours | 52.13 | -0.18 | -0.34% | |
Premium Synthetic •12 hours | 53.53 | -0.18 | -0.34% | |
Sweet Crude •12 hours | 48.13 | -0.18 | -0.37% | |
Peace Sour •12 hours | 46.88 | -0.18 | -0.38% |
Louisiana Light •2 days | 54.90 | -0.31 | -0.56% | |
Domestic Swt. @ Cushing •3 days | 49.75 | +0.25 | +0.51% | |
Giddings •3 days | 43.50 | +0.25 | +0.58% | |
ANS West Coast •3 days | 56.32 | -0.51 | -0.90% | |
West Texas Sour •2 days | 47.08 | -0.11 | -0.23% | |
Eagle Ford •2 days | 51.03 | -0.11 | -0.22% |
After a long period of…
Precious metal prices soared during…
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…
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…
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…
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.…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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.…
Rough week for the South American copper mining sector. With reports from Peru suggesting that at least one person was killed by police in violent protests against the massive…
Lots of interesting mining opportunities emerging these last few weeks — on one particular continent. Africa. Uganda, for example, said last Wednesday that it will improve rules around landowner…
Big day for nickel yesterday. With prices leaping nearly 20 cents on the day to near $4.60 per pound — marking a nearly 5% move in a matter of hours.…
Whispers of a possible game-changing deal in the copper market yesterday. Arising out of emergency talks being held for the world’s top mining firm. Chile’s state miner Codelco. Local Chilean…