NAI Breaking News

Uranium Poised for Bull Market as Producers Trim Supplies
Posted 2014-09-03 03:52NAI Editing
Uranium is poised to enter a bull market amid tightening supply as producers shut mines and delay projects, more than three years after the Fukushima nuclear disaster in Japan sent prices lower.

Port Hedland Iron Ore Shipments to China Extend Climb to Record
Posted 2014-09-03 03:46NAI Editing
Iron ore shipments to China from Port Hedland in Australia, the biggest exporter, advanced to a record last month as mining companies increased production.

WRI Says 38% of World's Shale Resources Facing Water Stresses
Posted 2014-09-03 03:35NAI Editing
A new analysis shows 38 percent of the world’s shale resources in places such as China, Mexico and South Africa face high to extremely high water stress or arid conditions, according to the World Reso

Brent Oil Sinks to 15-Month Low on Demand Fears, Strong Dollar
Posted 2014-09-02 08:03NAI Editing
Brent crude oil futures fell to the lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies weighed

Iron Ore Seen Slumping to $75 by CLSA as Global Supply Swells
Posted 2014-09-02 03:49NAI Editing
Iron ore will drop to $75 a metric ton in the second half of next year as rising low-cost supplies from Australia and Brazil worsen a global glut and the slowdown in China’s property market curbs dema

China Banks Boost Precious Metals Hoard Amid Lease Demand
Posted 2014-09-02 03:39NAI Editing
The value of precious metals held by China’s biggest lenders surged 66 percent from a year ago as banks lease more gold to customers because tighter borrowing rules make it harder to lend funds.

Freeport's $2 billion Chile Sale Hits Snag
Posted 2014-09-02 03:35NAI Editing
Freeport McMoRan's (NYSE:FCX) sale of a large Chilean mine to Canada's Lundin Mining (TSE:LUN) is being held up because of big changes to the South American country's tax regime.

SouthGobi Says Cash May Not Last the Year as Holder Defers Debt
Posted 2014-09-02 03:34NAI Editing
Hong Kong-listed SouthGobi Resources Ltd.

Chile's Escondida Mine to Bring BHP, Rio Higher than Expected Dividends
Posted 2014-09-02 03:34NAI Editing
A copper bonanza seems to be in the cards for mining giants BHP Billiton (ASX:BHP) and Rio Tinto (LON:RIO) as their co-owned Chilean operation Escondida, the world's largest producing copper mine, may

WTI Crude Oil Caps First Weekly Gain in Six on Economy
Posted 2014-08-29 08:53NAI Editing
West Texas Intermediate crude capped the first weekly gain in more than a month on speculation an improving U.S. economy will boost fuel demand.