Shareholders in stricken gold miner Petropavlovsk have overwhelmingly voted in favour of the company’s controversial refinancing plans. Kam Patel reports.
Commodities: the MoneyWeek view
February 2015: A perfectly negative storm Raw-materials prices have hit multi-year lows amid a perfect storm of negative factors. We may be at or near the bottom of the metals cycle. Mining shares remain reasonably priced. Agricultural commodities are a solid long-term bet - buy farm equipment and fertiliser stocks.
• See our view on all the major asset classes here.
One of the key shareholders in troubled miner Petropavlovsk says it will vote in favour of the company’s refinancing plans – but only if its own proposals are accepted too.
The oil price is on the rise again. But don’t expect it to go far.
Sapinda, the fund which owns 7.8% of miner Petropavlovsk, says small shareholders should ignore chairman Peter Hambro’s rescue plan. Kam Patel reports.
Investment fund Sapinda has strongly denied that its proposal to Petropavlovsk is a Trojan horse to take over the stricken miner. Kam Patel reports.
The long-heralded age of the electric car might finally be upon us. Matthew Partridge looks at how to profit.
Everybody’s talking about inflation turning negative in Britain. But what people don’t realise, says John Stepek, is that everything points to an unexpected rise in prices.
Troubled gold miner Petropavlovsk has dismissed a bid from private investment vehicle Sapinda to counter its refinancing plans. Kam Patel looks at what’s going on.
Mexican lithium miner Bacanora Minerals has seen its share price slide since it floated. But 2015 could be the year it realises its potential. Bengt Saelensminde explains why.
Troubled gold miner Petropavlovsk will cease to exist and shareholders’ entire investment will be wiped out unless they vote for a £155m rights issue next Thursday, warns chairman Peter Hambro.
Oil companies have been battered by the slide in the oil price. But this stock is well placed to ride out the storm, says Matthew Partridge.