China

China’s Zijin hands $298 million to partner Barrick Gold

Cecilia Jamasmie | August 31, 2015
China’s Zijin hands $298 million to partner Barrick Gold

The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May.

Jayant Bhandari presents arbitrage opportunities for you to pounce on

The Gold Report | August 31, 2015
Gold industry injected $171bn into global economy in 2013

Bhandari shares arbitrage opportunities he's stalking and some company stories with management teams that he thinks are close to perfect.

Iron ore price rallies again

Frik Els | August 28, 2015
Iron ore price rallies again

A more than 4% jump on Friday erases week's losses and brings gains since July low to 28%.

Power shortages, cost cuts to hit Congo’s copper output

Cecilia Jamasmie | August 28, 2015
Power shortages, cost cuts to hit Congo’s copper output

With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.

Silver sold, then squeezed

GoldMoney | August 28, 2015

While gold consolidated its recent gains, silver was sold down this week along with other metals and energy.

Why a Fed rate hike could be a blessing for gold prices: Brien Lundin

The Gold Report | August 27, 2015
bank finance

Like a true contrarian, Gold Newsletter publisher Brien Lundin looks beyond the headlines to understand what is really moving precious metals prices.

Frik Els

Iron ore still in a bull market. What does it say about China?

Frik Els | August 26, 2015
Iron ore is still in a bull market

No commodity is more exposed to China and the iron ore price is up 20% from its 2015 low. Has the steelmaking raw material become a leading indicator?

One way Chinese investors are coping with stock rout

Frik Els | August 26, 2015
One way Chinese investors are coping with stock rout

New statue depicting the bull's triumph over the bear is drawing crowds and raising eyebrows.

Molycorp shuts down Mountain Pass rare earth plant

Cecilia Jamasmie | August 26, 2015
Molycorp shuts down Mountain Pass rare earth plant

The former superstar of rare earths mining said it has decided to put the California facility on "care and maintenance" mode by Oct. 20 due to weak prices.

Chinese gold imports rise 48%

Frik Els | August 25, 2015
Chinese gold imports rise 48%

Hong Kong customs data show a rebound in number two gold importing nation.

Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Cecilia Jamasmie | August 25, 2015
Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.

BHP Billiton posts worst profit in over 10 years

Cecilia Jamasmie | August 25, 2015
BHP Billiton posts worst profit in over 10 years

As prices for the company's four key "pillar" commodities —iron ore, metallurgical coal, copper and oil and gas — have all dropped to multi-year lows in the past 12 months.

Frik Els

CHART: Stop panicking about China and mining

Frik Els | August 24, 2015
GRAPH: Stop panicking about China and mining

We're not in 2008 – plotting global economic growth against commodity prices shows metals and mining sell-off is disconnected from realities on the ground.

Peter Schiff - Euro Pacific Capital

The Fed is spooking the markets not China

Gold price: Reasons not to fear the Fed

Fasten your seat belts, this ride is getting interesting.

China fresh sell-off sends commodities, markets to the pits

Cecilia Jamasmie | August 24, 2015
China fresh sell-off sends commodities, markets to the pits

The US has suspended the futures market on the Nasdaq index, as panicking traders have driven it down 5% — the maximum allowed under Wall Street rules.

Iron ore’s giants expanding clout as sales to China expand

Bloomberg | August 21, 2015

In the global iron ore market, the world’s two biggest exporters are expanding sales into the top customer, winning a greater share of trade as prices tumble.

Metals heading for worst week of 2015

Cecilia Jamasmie | August 21, 2015
Metals heading for worst week of 2015

Metals from copper to aluminum fell again Friday, and were heading for their worst week of the year, after data showed Chinese factory activity shrinking at the fastest pace since 2009.

Forget slower growth, worry about Chinese GDP contraction

Frik Els | August 20, 2015
Forget slower growth, worry about Chinese GDP contraction

Chinese rail freight tonnage – a key indicator for economic activity and the commodities trade – has plunged by 10.2% this year.

The real reason the copper price is being crushed

Frik Els | August 19, 2015
The real reason the copper price is being crushed

Hidden Chinese inventory and the carry trade.

Bill Holter: Chinese join currency wars and gold backwardation is back!

Palisade Radio | August 19, 2015
China’s government likely behind country’s gold hoard—report

Did China just join the currency war? What will the world look like in 6 months?

Kalgoorlie takes hit after mining tenement numbers collapse

ABC News | August 19, 2015

Hundreds of thousands of dollars of infrastructure projects have been put on hold in Western Australia's mining heartland.

Glencore stock getting hammered as China slowdown, commodities rout hit profit

Cecilia Jamasmie | August 19, 2015
Glencore stock getting hammered as China slowdown hits profit

The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.

Copper down to fresh six-year low after China market falls

Cecilia Jamasmie | August 18, 2015
Copper down to fresh six-year low after China market falls

The red metal dropped to $5,012 on trading on the London Metal Exchange, approaching the level of $5,000 it last hit in late 2008.

Yuan dips, diamond demand rises

CNTV.cn | August 17, 2015
Yuan dips, diamond rises

At the end of last year, China became the world’s second largest diamond consuming market. More Chinese people not only buy diamonds as a luxury, but also hold them as an investment.

China, Russia creating own gold market

MINING.com Editor | August 16, 2015
China’s gold demand to beat supply by 2015

As Western central banks continue their manipulation of the gold price in order to prop up flagging fiat currencies, two of the world's largest bullion hoarders are fashioning their own gold market which will function outside the dollar system.

China's central bank continues to stock up on gold

Frik Els | August 14, 2015
China's central bank continues to stock up on gold

Amid a currency and credibility crisis The People's Bank opts for transparency by updating its official gold purchases – only the second time since 2009.

More »