Gold investors ‘give up hope’ as biggest short in history builds
Gold is hitting new milestones of misery.
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AngloGold swings back to profit days before new boss takes helm
The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs.
Australian iron ore miner Fortescue’s annual profit halves
Fortescue Metals said that its annual profit halved as prices for its lower quality iron ore fell.
Gemfields’ operation in Ethiopia under siege by armed groups
Back in June, the site was overrun by a mob estimated at between 300 and 500 people
Mine collapse in Zimbabwe kills one, injures three
The Zimbabwe National Army has been dealing for months with people working illegally at the mine site.
Hedge funds turned record short on metals just before the rout
As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
What a copper band unveiled about Ancient Americans
A metal piece revealed that Ancient Natives moved goods and knowledge thousands of kilometres across various regions.
Chile’s Antofagasta expects more copper price volatility -media
Ivan Arriagada, chief executive of Antofagasta, said he expected copper prices to be affected by global uncertainty.
Chinese cobalt sulfate prices continue to slide but at slower pace
Chinese cobalt sulfate prices continued to edge lower although the pace of decline has slowed as spot prices have fallen to below production costs.
