Gold shines to three-week high

Gold for February delivery rose 0.5% to settle at $1,620.10 a troy ounce in New York Thursday, the highest since 13 December, as investors continued to warm to the precious metal after last month’s losses.

Citywire | January 6, 2012 | 3:15 am

Iron ore falls as China cuts steel production

The price of iron ore in the spot market plummeted on Tuesday to the lowest level since July 2010, dropping a hefty 7.2%

Citywire | October 26, 2011 | 5:02 am

Newcrest gold production up 16 pct

Newcrest Mining has posted a 16 per cent rise in gold production in the fourth quarter, and annual production in line with earlier guidance by the company.

Citywire | July 21, 2011 | 3:25 am

Why gold could soar further – and when it could stop

Soaring gold prices likely have further yet to run as investors fret over a host of macroeconomic woes, a senior member of JP Morgan Asset Management’s natural resources team has said.

Citywire | July 14, 2011 | 3:51 am