April 19, 2016

China launches yuan gold fix in bid to gain more influence in metal pricing

It is set twice a day based on a few minutes of trading by 18 trading members,

April 18, 2016

Hedge funds have never been this bullish on silver

Managed money futures speculators' bullish positioning reaches 9,575 tonnes silver, highest level since at least 2006, when data were first collected.

April 18, 2016

DMCC and Silver Group sign memorandum to drive commodities trade in China

DMCC, the Government authority on trade, enterprise and commodities in Dubai, announced today its signing of a Memorandum of Understanding (MoU) with the leading Chinese silver producer China Silver Group…

April 18, 2016

Community opposition forces Newmont to abandon Conga project in Peru

The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).

April 15, 2016

Deutsche Bank silver settlement: GATA vindicated

At 7:09 last evening, it was reported that "Deutsche Bank to settle U.S. silver price fixing litigation," which is a staggering admission of that very criminality of which I have…

April 15, 2016

Apple got $40 million in gold from recycled iPhones last year

Thanks to its innovative program that uses robots to recover the valuable parts from the millions of Apple devices discarded every year.

April 15, 2016

Afghan mineral wealth being looted by strongmen, experts say

Afghanistan has reserves of coal, copper, iron ore, zinc, mercury, rare earths, gems such as rubies and emeralds, gold and silver worth about $3 trillion.

April 13, 2016

Did BHP just call the bottom of the mining cycle?

CEO Andrew Mackenzie said over the weekend "the commodities fall has stopped". Not only that – after recent rallies six are back in bull markets.

April 12, 2016

IMF warns of another 14% drop in metal prices this year

The Fund's slightly more positive outlook for the Chinese economy not enough to halt metal price declines this year and in 2017.

April 12, 2016

Surging mining stocks point to big move ahead in gold and silver

Spring has sprung for precious metals mining stocks.