Dow Jones Newswires, 21:27 ET (01:27 GMT) 30-Oct-2008
By Elisabeth Behrmann Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–UBS has slashed its 2009 commodity prices forecasts by an average of 37%, in line with cutting expectations for global growth to slow to 1.3% next year, from an earlier forecast of 2.2%.
That prompted considerable cuts to commodity forecasts for […]

Creamer Media’s Mining Weekly 30-Oct-2008
By: Martin Creamer
Gold production was “in crisis” and a gold price of $900-to-$1 000/oz was needed to arrest the downward trend, AngloGold Ashanti CEO Mark Cutifani said on Thursday.
Cutifani said that the world had seen a decline in the production of gold across the globe in the past seven years, and […]

The Globe and Mail, p. B5 580 words 31-Oct-2008
Barrick founder says the precious metal has not behaved as expected during the financial crisis but that its time to shine is coming
By Andy Hoffman, MINING REPORTER
The global financial meltdown should have settled the long-standing debate between gold bugs who consider bullion the ultimate store of value […]

The Toronto Star, p. B01 619 words 17-Oct-2008
By Lisa Wright
But global financial mess means consumers will pay even less to fill up Oil and metals prices tumbled yesterday and two key commodity indexes sank again - a hint of what’s to come, analysts say, as investors brace for earnings reports from resource companies next week.
While […]

Creamer Media’s Mining Weekly 06-May-2008
By: Liezel Hill
The failure of the gold-mining industry to find and exploit large new deposits of the yellow metal was “tragic”, Barrick Gold chairperson and acting CEO Peter Munk said on Tuesday.
“The supply side is tragic…it is the very challenge that keeps a company like Barrick and the remaining few major […]

Reuters, 11:22pm IST 06-May-2008
LIMA, May 6 (Reuters) - Unions at mines throughout Peru are ready to strike next week to demand better labor benefits, the head of the country’s biggest federation of mining unions and local union bosses said on Tuesday.
“We have 33 unions supporting us,” said Luis Castillo, the federation’s leader. “We will go […]

Bloomberg, 08:00 (New York) 09-Apr-2008
By Claudia Carpenter
April 9 (Bloomberg) — Gold may rise to $1,200 an ounce this year, exceeding the record, as investors seek a hedge against credit-market turmoil and mining companies fail to keep up with demand, London-based researcher GFMS Ltd. said.
Buying by jewelers, the biggest users, will keep the price from falling […]

Bloomberg, 10:23 (New York) 01-Apr-2008
By Mark Herlihy
April 1 (Bloomberg) — Peter Munk, chairman of Barrick Gold Corp., comments on the outlook for gold. He spoke today at a presentation in London marking the 25th anniversary of the founding of the Toronto-based company, the world’s largest gold producer.
On the gold price:
“I can see more and more […]

Barron’s 24-Mar-2008
By Andrea Hotter
It’s official. Commodity prices are no longer a safe one-way bet. Their resilience is waning as risk aversion takes the driver’s seat. Their saving grace? Investors are saying they’re still reluctant to be caught short.
Commodities prices have been in a tailspin as market participants began adopting the view that a fire sale […]

Gold futures were down $24 an ounce on Thursday after the $59 tumble on Wednesday. Oil futures briefly fell beneath the $100 a-barrel level for the first time in three weeks.
Oil is under pressure as demand appears to be slowing. Some serious volatility in the markets.
How does all this relate to the Forex and […]