June 8, 2021

Ethos Gold shares up on $1.1 million private placement

Crescat Capital increased its interest to 12.7%.

June 8, 2021

Russell: Asia coal prices surge, but China-Australia dispute means rally is uneven

Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have done better than others.

June 8, 2021

World needs Congo copper to kick fossil fuels, Friedland says

“If we came from Mars and we were sent in our flying saucer to orbit the Earth to find copper, we would definitely go to Katanga in the southern part…

June 8, 2021

London Metal Exchange to decide fate of iconic open-outcry “ring”

The floor was closed in March 2020 for the first time since World War II to allow for the social distancing needed to deal with covid-19.

June 8, 2021

Anglo American coal spin-off weak on first days of trading

South Africa’s Thungela Resources recovered slightly on Tuesday after a grim Monday debut on both London and Johannesburg exchanges.

June 7, 2021

Dalian iron ore price falls for third session as China steel prices slump

Other steelmaking ingredients also weakened, with Dalian coking coal down 1.3% while coke slipped 0.5%.

June 7, 2021

Gold price stays flat as Yellen’s comments drove up US yields

While gold is pretty bullish, US Treasury Secretary Janet Yellen’s comments are keeping a lid on prices, analyst says.

June 7, 2021

Iron ore price down as Chinese imports fall

Chinese imports fell nearly 9% in May with further weakness expected in coming months, putting pressure on prices for the steelmaking material.

June 7, 2021

Endeavour sets dividend policy ahead of London listing, shares flat

Company said it would target at least $500 million in shareholder returns through to 2023 with a progressive dividend policy ahead of a LSE listing expected next week.

June 6, 2021

Gold is good but Bitcoin’s better for $7.5 billion hedge fund

Gold and Bitcoin are battling it out for the coveted role as the ultimate store of value.