Commodities are flashing a once-in-a-generation buy signal
Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.
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South Africa’s Eskom gets workaround to tackle coal shortages
The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines.
Mining firms from China to Canada watch as Greenland holds election
Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming.
Aluminum stash visible from space turned to gold for trader
Castleton Commodities International LLC is sitting on a veritable gold mine as a scramble for aluminum unfolds in the wake of U.S. sanctions.
Illegal gold miners invade Grace Mugabe’s farm amid legal dispute
The illegal miners at Smithfield last month told Grace that she no longer had any power to evict them.
Cochilco forecasts Chile’s 2018 copper output up 4.3 pct
Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018.
HSBC pulls the plug on coal
Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.
Zimbabwe’s parliament orders Mugabe to answer questions over diamonds
Former leader Robert Mugabe will have to answer questions next month about whether the state was deprived of $15 billion in diamond revenue.
World’s top diamond producer first-quarter output hit by mine accident
Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.