Scientists' success in producing synthetic vanilla flavouring means it is used 99% of the time. So why does the price of genuine beans keep rising?
2016 was a year of mixed fortunes in the development course of Africa.
The 'Africa Rising' narrative was disturbed in 2016 by a combination of factors. But the continent is still on firm economic development footing.
123dartist / shutterstock.com
More than 95% of industrial diamonds are synthetic so why aren't more people using them in engagement rings?
A Trump presidency is bound to put pressure on commodity prices in the long term.
Even though commodities rallied after the election of Trump, the benefit of this to Australia's budget could be short lived due to volatility.
There are short term signs that the most recent downturn in commodities may not last so long.
The mining industry is more resilient because of the recent downturn and it will be global supply and demand that will affect these companies in the future.
Mineral processing tailings are pumped into a storage facility. Are there still valuable commodities in this waste?
Identifying mine waste materials as economic resources will help support global demand for critical metals, boosting the mining industry during the downturn. All with environmental benefits.
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
Staring into the abyss.
The US has already tried to save a steel industry, and its undercooked response holds some valuable lessons.
Is the coal train leaving town?
We hear a lot about how essential coal and other mineral exports are for Australia. Is it true? Only for a relatively small section of the population.
Magnetic rare earths are used in the production of magnets found in mobile phones.
The magnetic group of rare earths, used in the production of powerful magnets, will be a driver for the market into the future.
Graphite can be converted into synthetic diamonds used in manufacturing.
Australia needs to move beyond mining graphite and invest in processes that convert it into synthetic diamonds and use it to create carbon fibres.
Africa contributes the least of any continent to climate change – but it also has the least resources to manage it.
Scenarios on global trends over the next 20 years point to some serious challenges for Africa. Whatever actually happens, it's important for the continent to put in place mitigation strategies.
Lithium is used in Tesla Energy batteries for businesses and utility companies.
Patrick Fallon/ Reuters
If Australia investments in technology to recycle and lease lithium, it could capitalise on its increasing use in batteries.
Haulage truck at the Rio Tinto West Angelas iron ore mine in the Pilbara region of West Australia.
Even if the price of iron ore remains low, Australia is still well placed to benefit from this resource in the future.
Dormant: oil rigs in North Dakota stand idle due to a crash in global oil prices.
Cheap gas is traditionally a boost for the U.S. economy but this time the economy could be badly hurt because of the domestic drilling boom and financial bets made by the oil & gas industry.
The decline in commodity prices means African countries must work that much harder to encourage both local and foreign smaller and junior mining companies.
While oil prices have halved over the past year, the number of mergers and acquisitions has most definitely not.
There could be trouble ahead.
Gold: not the safe haven it was once considered to be.
The best answer for dealing with a volatile market is to do nothing.
‘Heave away boys …’
With the economic dashboard flashing red, here's the route to safety.