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Tag: Barclays


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Gold Prices Hit Four Week Low

Gold prices hit a four-week low on Monday, MarketWatch reported. The metal is feeling pressure from a Federal Reserve policy statement that hinted at raising interest rates sooner rather than later.

Vale Swaps Out High Cost Production

Vale (NYSE:VALE) recently announced plans to cut 25 to 30 million tonnes of unprofitable iron ore production and replace it with cheaper operations, the Australian Financial Review reported. The company is sticking with its supply target of 340 million tonnes of iron ore, placing more pressure on its iron ore

American CuMoAmerican CuMo Mining's (TSXV: MLY) Project, located near Boise, Idaho, ranked as one of the top 25 silver deposits in the world with 386 million ounces of silver. The deposit has the potential to become one of the world’s largest and lowest-cost primary molybdenum producers, connect with MLY to receive instant updates.
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