Category: Mining Sector

The existence of Gold in space

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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 […]

As it is: the Precious Metals Market Predicament

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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 […]

Iron ore prices causing chaos. Company deception suspected.

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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 […]