January 8, 2020

Iran “standing down” drops gold price by most in nearly 7 years

$124 billion worth of gold futures traded in New York as price plunges 3.7% or $60 an ounce after Trump eases Iran war concerns.

January 8, 2020

South African platinum stocks extend 2019 surge into new year

The FTSE/JSE Africa Platinum Mining Index jumped 4.9% Wednesday, taking its advance this year to 6.5%, as palladium touched an all-time high above $2,100 an ounce.

January 8, 2020

Gold steadies with Iran jitters easing; palladium tops $2,100

Iran is said to have intended to avoid US casualties when it launched more than a dozen missiles at US airbases in Iraq.

January 8, 2020

Anglo American goes after Sirius Minerals with $508m bid

The move could rescue plans to dig the UK's largest mine in a generation and would bring Anglo back to the fertilizer market.

January 8, 2020

India to ease mining rules from March to spur investment — minister

Move, effective in March, aims to attract foreign mining companies and reduce imports of coal.

January 7, 2020

BHP looks to India for coal growth as China demand declines

BHP projects Indian steelmaking is on course to grow by 7% per year over the next decade.

January 7, 2020

Teranga delivers record annual production, stock hits six-year high

This represents the fourth consecutive year in which the company has exceeded its production guidance and reported record results.

January 7, 2020

Base metals hope for manufacturing recovery in 2020

Most analysts are looking for something better this year but the early indications are that bulls will have to be patient.

January 7, 2020

Gold holds near six-year high with Iran’s next moves in focus

Bullion climbed 2.4% over the previous two sessions to approach $1,600 an ounce.

January 7, 2020

Codelco raises $2 billion for mine expansions

This is the fourth time since 2017 the copper giant issues long-term debt to refinance its short- and medium-term debt.