Gold imports by India are said to have jumped ahead of festival
Inbound shipments grew to 121 tons last month from 52.8 tons a year earlier.
Latest Stories
Norway is using its wealth to lead an exodus from coal
A law set to pass in June will see the Norwegian Oil Fund divest more from coal, and invest over $20B in renewable energy.
ArcelorMittal to cut iron ore output, slash jobs in Bosnia
Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September.
Gold glitters in India during key festival as prices dip
A rise in consumption by the world's second-biggest gold consumer could help global prices which are currently hovering near a 4-month low.
Iron ore tugged between Brazilian supply shock, Trump’s trade war
Brazil shipped 18.34 million tonnes of iron ore in April, down 17% from the prior month and a massive 29% from the same month a year earlier.
BHP hit by $5 billion lawsuit over 2015 dam failure in Brazil
The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundão tailings dam in 2015, owned by the Samarco joint venture between BHP and Vale.
Great Atlantic acquires Glenelg vanadium property in New Brunswick
Recent and historic bedrock grab samples from the Glenelg project returned values of 0.33 & 0.42% V2O5.
Transition Metals optimistic after running MT survey at platinum-palladium project in Ontario
As a result of the survey, 235 hectares in 11 new claims were added to the northern portion of the Saturday Night project.
Newmont Goldcorp to account for over 7% of global gold output this year
The world’s largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal in 2019.
