December 11, 2019 When will GDX break out? A resumption of rate cuts or rising energy prices that trigger an increase in inflation expectations could be the reason for the next move.
December 10, 2019 Metals’ reversals, lower prices and our precious profits The short-term outlook for the precious metals market looks very bearish.
December 10, 2019 Gold’s been on a tear this year and 2020 may see more reward BlackRock, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman and UBS see prices climbing to $1,600 an ounce.
December 10, 2019 Palladium tops $1,900 as South Africa power cuts fuel supply woe Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.”
December 10, 2019 Anglo American cuts output targets for coal, iron ore and diamonds While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.
December 10, 2019 Madagascar to raise minerals taxes, take 20% stake in mining projects Mining royalties would rise to 8% from 2% for raw precious stones. Rough industrial stones would attract a 6% royalty rate while cut industrial stones would be taxed at 3%.
December 10, 2019 South African mines grind to halt as floods worsen power crisis Sector is experiencing the largest power blackouts in more than a decade.
December 10, 2019 Barrick to sell stake in Senegal project to Teranga Gold for up to $430m Massawa, one of the highest-grade undeveloped open-pit gold reserves in West Africa, is 20 km away from Teranga’s flagship Sabodala mine.
December 9, 2019 China iron ore surges to over 4-month high amid supply uncertainty, demand hopes Demand prospects for construction steel products and steelmaking raw materials were improved.
December 9, 2019 Copper price rally builds on all-time high China imports Copper price hits 20-week high as Chinese concentrate imports surge and stockpiles in the country drop to six year low.
Chile’s Mantoverde copper output hit as labor talks stall, union says The labor authority had notified that the company will not have emergency personnel from the union to keep facilities operational. January 12, 2026 | 11:18 am