This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.
The terminal expects to clear all remaining vessels from its harbour as safety measure after tropical cyclone intensified off nation's western coast.
The nation expects to collect more revenue from mining companies this year compared to 2017 after copper prices rose above $7,000 per tonne.
Although divestment issues are still unresolved, Indonesia hopes to finalize contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June.
Company posted a 4 percent jump in sales to $567 million in 2017, the highest annual sales since its formation in 2013.
The Russian Federal Anti-Monopoly Service is investigating forthcoming sale of natural gas assets by producer Alrosa after a complaint from would-be buyer.
Liberty House is the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance and Rio's aluminium smelter in Dunkirk, France, is the largest in Europe.
Unless disagreements at negotiations for wages and benefits are resolved by Jan. 19
Though North America contained more than half the amount of global exchange-traded fund holdings, European funds added the most to their gold-backed ETFs last year.
Move aims to curb unrest around Anglo American's most profitable platinum mine — Mogalakwena.
Affiliate of Qatari conglomerate Aamal Co plans to build three factories to produce copper wires, aluminium bars and drums for cables.
Australia expects iron ore prices to average $51.50 a tonne this year because of rising global supply and moderating demand from top importer China.
China told the WTO it would stop accepting certain types of foreign solid waste, including metals, in 2018 if they didn't meet stricter impurity thresholds.
Dollar weakness, which continued into early January after its biggest annual drop since 2003, had helped gold registred last week a fourth straight weekly gain for the first time since April.
Zinc hit its highest in more than a decade on Friday as concerns over market tightness persisted, while copper hit a two-week low as Chinese investor interest was muted with the Lunar New Year holidays looming.
Coal and iron ore dominated mining takeovers in 2017, Thomson Reuters data shows, with buyers favoring the heavily polluting devil they know over the uncertainties of a battery-powered future.
China plans to create several "super-large" coal mining companies by the end of 2020 as nation ramps up years of efforts to streamline the fragmented sector.
Physical gold demand across Asia remained subdued this week as prices rallied to a three-and-a-half-month high, keeping retail buyers away from the market.
Cold weather is expected to hit regions across China in the coming week, bringing snow and rain that may cause disruptions at construction sites, one of the biggest consumers of steel.
Unionized workers at Glencore's Lomas Bayas copper mine rejected a final contract offer and began government-facilitated mediation Thursday to avoid strike.
Crystallex International Corp is seeking to collect $1.2 billion plus interest awarded in 2016 by a World Bank tribunal against Venezuela, which Venezuela has refused to pay.
Suncor Energy and Teck Resources Ltd have taken higher stakes in Fort Hills oil sands mine from partner Total SA, resolving a dispute over building costs.
Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.
Gold is seen as a safe haven for investors during times of uncertainty. Spot gold prices gained about 14 percent during 2017.
London court has ordered KCM to pay state mining company $139m in a claim related to copper price, raising by $36m the amount originally ordered to pay.