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A Major Reversal In Iron Ore

I know I’ve written a lot about India lately. But one more happening needs to be flagged this week. India’s Ministry of Steel released provisional figures on the

What a World Without Nuclear Looks Like

In a word, expensive. Platts reports that electricity prices in California jumped 70% during the first half of 2013, year-on-year. Much of the increase apparently related to shut-down

“Kitchen Sink” Time in India

Sometimes we have tendency to connect events that may actually be completely random. But sometimes things just seem too connected to be coincidence. That feel is strong today

Are We On the Verge of an Exploration Boom?

Australia’s business leaders think it’s time for more mineral exploration. The┬áSouth Australian Chamber of Mines and Energy said last week that the nation needs an exploration tax credit

10% of Supply of This Metal Might Vanish

We were recently discussing the plight of South African mining. And another graphic illustration of this problem just materialized. Late last week, South African steelmaker Evraz Highveld said

Great News For Copper… Or Is It?

Chinese imports of copper ores and concentrates jumped 66% year-on-year in July. The General Administration of Customs reported this month that July imports hit 938,500 tonnes. Continuing a

A $4.3 Trillion Deflation

News this week that the Fed could cease its $85 billion-per-month buying of bonds and other instruments as early as September. This would obviously mean a lot less

The Four-Year Gold Curse

Very interesting comments this month from one of the gold industry’s biggest players. Gold Fields CEO Nick Holland was quoted in South African newspapers talking about problems faced

Here’s The Next Thing in Shale

We’ve talked about unconventional gas drilling underway in Chile. Now it appears another Latin American nation wants to get in on the act:┬áBrazil. U.S. Energy Secretary Ernest Moniz