Chinese commodity demand: Crisis. What crisis?
Tuesday was another bleak day on commodity markets. The price of crude oil ($37.65) and iron ore ($38.80) dropped again and the globe's two most traded raw materials are now at levels prior to the word supercycle even entering the popular lexicon. Similarly precious metals and industrial continued to drift lower with bellwether copper exchanging… Read More >>
These 6 metals, minerals back to greenfield pricing by 2020
It's hard to find an analysis of the mining and minerals sector that offers even a glimpse of a brighter future. A new report by consultants McKinsey & Company takes a fresh look at the industry and finds much of today's doom and gloom is misplaced. The study suggests that the steadily deteriorating quality of… Read More >>
PH miners issue wish list
THE CHAMBER of Mines of the Philippines has drawn up an industry wish list which the group hopes would guide the next administration in crafting economic policy. The list contains policy recommendations which the group said could help boost the country’s chances of becoming industrialized, in the league of mineral-producing powerhouses. “The MGB (Mines and… Read More >>