May 22, 2020

Gold price up as pressure builds on US-China relations

Analysts believe macro and geopolitical uncertainty should continue to support gold prices for 6-12 months.

May 22, 2020

Dominion Diamond unveils plan to avoid bankruptcy

It involves selling its assets for about $177 million, which could pave the way to restart its idled Ekati mine.

May 22, 2020

A gold vault in London is key to $62 billion ETF success

SPDR Gold Shares has taken in nearly $12 billion in 2020, ranking it third for worldwide ETF inflows behind two equity-focused funds.

May 22, 2020

Fortescue Metals ups stake in Candente Copper

Fortescue now owns almost 20% of Candente, which is advancing a large scale open-pit copper project in Peru.

May 21, 2020

Cacophony of voices on LME may not be heard for months

LME temporarily closed the the last open-outcry floor in Europe on March 23 when the coronavirus lockdown began.

May 21, 2020

Uralkali inks potash supply contract with India

Indian Potash Limited (IPL) will pay $230 per tonne, or 10 cents more than the price set between BPC and China.

May 21, 2020

Gold price loses momentum on stronger dollar

Gold is heading for its first loss in three sessions.

May 21, 2020

World’s fourth-biggest diamond mine cuts output

Angola’s Sociedade Mineira de Catoca, which operates the namesake diamond mine in the country, cited weak demand.

May 20, 2020

Elephant platinum coins sell out in South Africa

Over 2,000 coins featuring an elephant were sold out to US and Asian investors after being minted in March.

May 20, 2020

Iron ore price surges on Brazil covid-19 crisis

Benchmark prices close in on $100 a tonne on Brazil supply fears — "You can't move dirt working from home."