Sudanese Oil Wars Heat Up Again in 2013 Jun 11, 2013 Sudan is once again threatening to cut off oil pipelines from South Sudan accusing the South of backing separatist rebels in Darfur and the border regions of Southern Kordofan and Blue Nile. South Sudan – the world’s newest country – relies heavily on their oil production for revenues, however they have no export capabilities. They currently […]

Fed Stopping QE Stimulus? Gold Falls Jun 02, 2013 Is the US Federal Reserve stopping monetary stimulus? Investors are afraid they are, and as a result Gold prices are falling to a 2-week low and down 17% so far in 2013. The US economy is getting stronger, climbing out of the current recession, which may signal that the US no longer has the need […]

Buffett Makes Fun of Falling Gold Prices Apr 18, 2013 Warren Buffett, the head of investment firm Berkshire Hathaway and arguably the world’s best investor made fun of falling gold prices today, as gold hits a 2-year low. Many hedge funds – Buffett’s rivals – have experienced big losses this week. John Paulson’s major hedge fund lost $1 billion this week in the fall. Buffett has strongly […]

How Much Gold Has The World Produced? Apr 03, 2013 How much gold is there in the world? Warren Buffett, arguably the world’s best investor, estimated that the amount of gold ever produced would total 20m2 – a cube measuring 20 meters by 20 meters. But now we don’t need to estimate any longer. Thomson Reuters GFMS – worldwide specialists of gold and silver data – have come out […]

Glencore Buys Underwater Metals Mining

Jun 17, 2012

Glencore, the world’s largest commodities trading company, has agreed to buy 50% of the nickel and copper mined from the seafloor by DeepGreen Resources. DeepGreen, based in Vancouver, Canada, is using the Nautilus underwater harvester to mine the seafloor of the Pacific off Mexico’s shore. This has been a volatile time for Nautilus coming off 2 […]

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