The ripples from Indonesia’s ban on mineral-ore exports are reaching energy markets, as shuttered mines and idle trucks crimp demand for diesel.
Gold rose to a record in New York and London on investor speculation that international financial support for indebted European states will depress currencies.
Iron ore prices will probably be supported by “robust” demand in China, the biggest steel producer, outweighing concerns that global economic growth may slow, according to Mine Life Pty.
Alacer Gold Corp.’s plunging mining profits in Australia are creating a takeover bargain in Turkey.
"That's being used in many instances by shareholders who want to get control of junior companies without paying any premium for control."
- Gavin Wendt on Oct 26, 2014