Category: Mining Sector
Based on facts, there is a humongous amount of gold in space, one study of an asteroid in particular reveals that within its core lies precious metals worth a minimum of $20 trillion dollars. The NEAR (Near Earth Asteroid Rendezvous) spacecraft that passed the Eros asteroid revealed that the 33 X 13 KM banana shaped […]
A few concerns that have become prominent in association with the gold market over the last 24 months will without doubt continue to play its hand right through 2016 with the first being the strong U.S. dollar which has placed an enormous amount of pressure on the prices of the precious metal. This is because, most of […]
After harsh days, Greece finally had a clear answer for the European Union and its central bank. The Greek said no to all the new austerity measures. However a week later, Greeces prime minister went back on the peoples wishes, the leader of the anti-austerity party Syriza caved in, and paved the way for more […]
The reasons and causes about the iron ore prices critical fall are not really clear yet. There’s too many doubts between public officials and mining businessmen. The past few years, the Australian government has done several campaigns against the exportation growth of the iron ore, but it really didn’t stop, just slow down. Mr. Tony […]
The Australian Government budget is having serious problems related with the collapse of the iron ore prices. According to Mr. Tony Abbott, Australia Prime Minister, the recent adjust to the budget for the next four years represents $30 billion and with it, several cut in many areas. Now is the economic sector who will suffer the […]
