Barrick Gold finalizes $1.2 billion Acacia Mining takeover
One of the world's largest gold miners just completed a major takeover it has been planning for years.
Canadian gold giant Barrick Gold (NYSE: GOLD)...
Terrible Chinese factory data is further hurting copper prices
While precious metals such as gold, silver, and palladium have been doing extremely well over the past couple of months, the same cannot be...
Major attack on Saudi oilfields cuts output in half, oil prices jump 10%
One of the biggest stories both in the financial press as well as political news once again has to do with the oil markets....
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Vale shuts down second-largest iron mine, again
While Vale's (NYSE: VALE) iron output has recovered significantly over the past couple of months as iron facilities come back online following safety-induced shutdowns,...
U.S. natural gas prices expected to fall to 50-year lows
The situation surrounding the U.S. natural gas market isn't particularly good. Not because companies are struggling or that output is low, rather, output has...
Potash giant Nutrien shuts down three mines with significant layoffs
Potash producers have been struggling to deal with low prices over the past while, something that has only gotten worse as fears of a...
Rising gold prices are bad news for the diamond market
When it comes to stores of wealth, gold is the go-to commodity for worried investors. While other precious metals such as silver are correlated...
Gold prices could jump past $2,000, says CitiGroup
Gold prices have recently dipped back down below $1,500 per ounce, ending Tuesday's trading session at $1,489.51 per ounce. While a mild setback for...
Falling iron prices halted by an upturn in Chinese demand
One of the most exciting industrial commodities has been iron. While it might not seem as attractive as gold, palladium, or other metals, iron...
Copper prices hit a two-year low as global recession fears fester
Industrial commodities have always played an important role in the global economy, with many acting as early predictors of potential recessions in the markets....
Bankruptcies in the American shale sector are on the rise
While there is a boom going on in the Permian Basin with energy companies around the world rushing to expand in this area, another...
Moody’s cuts outlook for North America coal sector
Americas once-formidable coal industry is falling apart. As companies chose instead to focus on the boom shale and oil production seen in the Permian...
