January 19, 2021

End of an era? LME proposes closure of open-outcry trade

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

January 19, 2021

Kabanga, Tanzania to develop world’s largest nickel deposit

The UK-based miner and Tanzania will jointly develop a project formerly owned by Barrick and Glencore.

January 18, 2021

Iron ore price rallies on record-breaking China steel output

China's steel output crossed the 1 billion tonne mark for the first time.

January 18, 2021

China coal output rises to highest since 2015

China's coal mining sector was one of the first industries to resume operations when covid travel restrictions were gradually relaxed.

January 18, 2021

Gold price recovers despite stronger dollar

Gold recovered from a near seven-week low on prospects of a historic US relief bill.

January 18, 2021

Barrick’s Bristow to buy diamond miner

Barrick Gold’s president and CEO would add beleaguered Rockwell Diamonds to his personal portfolio if the miner agrees to delist and be taken private.

January 15, 2021

Gold’s Jobs Friday plunge

Serious gold down days are nearly always driven by heavy speculator selling in super-leveraged gold futures.

January 15, 2021

Iron ore price hits fresh 9-and-half year high

Iron ore prices are already up 8% in 2021 after customs data showed Chinese imports hitting a record high of 1.2 billion tonnes.

January 15, 2021

Gold investment demand remains well supported in 2021 – report

The need for effective hedges and the low-rate environment will keep demand well supported, says the World Gold Council.

January 14, 2021

India gold demand set to climb as buyers unleash pent-up demand

Demand in India, which trails only China, slumped in 2020 as the pandemic restricted movement and hit logistics.