Anyone who followed the advice of Goldman Sachs Group Inc. last year and invested $10 million in the Goldman Sachs Commodity Index would have lost 15 percent, or $1.5 million.
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Crude oil prices gained by 2.8% on the Nymex to close at $73.91/bbl. Oil prices hit an intra-day high of $74.48/bbl yesterday. On the MCX platform, crude oil prices
The Bahamas’ government says it will not consider new oil exploration or drilling applications for the vast archipelago’s waters until a “very stringent” environmental framework can be put in place.
The
Rio Tinto Group and BHP Billiton Ltd. may ask Chinese steelmakers to pay 11 percent less for fourth- quarter iron ore prices, researcher UC361.com said, citing average Platts index prices
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Largest gold mining companies, Lihir Gold has marked its final days as an independent company with a sharp turnaround in profit.
A court has paved the way for a $10
