Singapore nickel trader’s lavish lifestyle allegedly fueled by $740m fraud
The police have called it one of the city-state’s largest-ever suspected investment fraud schemes.
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Gold price nears 2-month high on stronger US retail data
Bullion has been confined to a narrow trading range over the past month, driven largely by the dollar and bond yields.
Iron ore price jumps on big spread between spot cargoes and futures
Goldman Sachs expects the market to enter a surplus in the second half of the year on higher Brazilian exports.
China’s record coal prices turn dangerous with mining deaths
Soaring coal prices in China are making mining companies prioritize output ahead of safety, a government agency said amid a spate of deadly accidents.
Crime networks suspected of burning tech waste for scrap metal in Romania
In the villages surrounding Romanian capital Bucharest, the fires burning discarded electronic kit and car parts for scrap metal never stop.
Home: Re-thinking zinc as 2021 benchmark smelter terms tumble
A sharp drop in this year's benchmark smelter treatment charges amounts to a collective re-assessment of the zinc market's underlying dynamics.
BHP completes its first refuelling of a ship with biofuel
The mining giant is exploring the use of bunker fuels such as liquefied natural gas and biofuels to replace fuel oil, aiming to reduce carbon emissions by 40% when shipping its products.
Philippines lifts nine-year ban on new mines to boost revenues
Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to investments.
Barrick maintains annual outlook despite drop in quarterly output
Company forecast higher output in the second half of the year as ramps up some operations.