February 24, 2020

Gold price surges as hedge funds wager $9bn on more gains

Biggest one day jump since Brexit vote as gold ETF purchases and hedge funds positioning reach record level.

February 24, 2020

Coronavirus is double shock for China’s giant aluminium sector

The London Metal Exchange aluminium price sank to a three-year low of $1,685 per tonne at the start of February.

February 24, 2020

Newcrest hails drill results at Havieron project

Australia’s largest gold producer is working on defining the potential deposit's scale and mining methods.

February 24, 2020

Funds sell copper as coronavirus hits physical supply chains

Hedge fund managers appear more focused on the current state of the physical copper market than the promise of a sharp economic rebound in China.

February 21, 2020

Gold price surges on pandemic shock to US economy

Gold price up 2% to fresh 7-year high after coronavirus causes first fall in US business activity since 2013 and long term interest rates drop to record low.

February 21, 2020

Coeur halts Silvertip mine, books huge charge

The decision caused Coeur to book a $251 million impairment charge on the Canadian asset.

February 20, 2020

Livent expects lower profit in 2020 on weak lithium prices

The company reported an 87% fall in quarterly adjusted profit on Thursday.

February 20, 2020

Surging gold prices propel earnings at Newmont, Kirkland

Both miners beat estimates for quarterly profit on Thursday as industry consolidation began to bear fruit for long-suffering shareholders.

February 20, 2020

Vale posts $1.7 billion loss for 2019

Company reported a $1.56 billion net loss in the fourth quarter.

February 20, 2020

Gold price at 7-year high as hedge funds, ETF investors pile in

"With the metal moving higher, despite the headwinds from other markets, it is difficult to see what at this stage can halt or pause the rally."