Copper price rally comes to crashing halt after Chinese data disappoint
Copper price drops more than 3% after Chinese imports stay flat for fourth month in a row and concentrate cargoes decline.
Latest Stories
Anaconda Mining to fill Newfoundland pit with Nova Scotia tailings
When the company's Pine Cove pit mine stops producing in about eight months, work will begin to turn it into a tailings storage facility with capacity of up to 7 million tonnes.
South Africa’s chamber of mines says sector “in crisis”
South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of increasing legal uncertainty and labour disputes.
GoGold sells stalled Mexico project to Agnico Eagle for $80 million
The sale of Santa Gertrudis has given GoGold much-needed cash to pay off its $46.3-million debt with the Bank of Montreal.
China invests $9.1 billion in Rosneft as Glencore, Qatar cut stakes
Deal boosts energy cooperation between Moscow and Beijing.
Russia’s Gokhran has bought only gold this year
Gokhran, part of Russia's finance ministry, was influential on the global platinum group metals markets in the 1990s and 2000s, when palladium stocks it accumulated during the 1970s and 1980s came to the market and depressed prices.
Gold price gains for 2017 top $200 after latest rally
Metal's status as hedge burnished on Thursday.
Australia state raises gold royalty, other mining fees to repair budget
Gold miners in Western Australia state are being hit with an increase in royalty payments under measures released on Thursday that are designed to return the one-time "economic engine of a nation" to fiscal health via revenue from the mining sector.
Cuba shuts down nickel industry as Hurricane Irma approaches
Cuba has begun to shut down its nickel industry in preparation for Hurricane Irma, state-run television said on Thursday.
