Room for further gold price declines until Fed sends dovish signal
Gold’s reactions to geopolitical developments, including these about the country ruled by the Kim dynasty, are usually merely short-lived and limited.
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Top iron ore exporter sees price dipping below $50 a tonne by 2019
Australia’s Department of Industry, Innovation and Science sees iron ore prices averaging $50 a tonne next year, and dropping to $49 a tonne in 2019.
Asia gold-transparency law and smuggling take shine off festival season
India's recent restrictions on the industry and increased smuggling took the sheen off the bullion market heading into the peak festival season.
Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP
Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.
In the heart of China’s coal country, a city bans most coal
The ban took effect from Sunday and restricts most companies and individuals from selling, transporting or burning coal in the urban area of Taiyuan.
First gold poured at Rainy River, one of Canada’s newest mines
At full tilt, New Gold's Rainy River mine is expected to produce about 325,000 ounces of gold annually, during its 14-year estimated mine life.
Plans to restart giant Bougainville mine stall as operating rights battle rages
Plans to reopen one of the world's biggest copper mines, shut by a civil war on the Pacific Island of Bougainville in 1989, have run into trouble.
Informal gold mining resumes in Mali after restructuring: minister
After a 3 month suspension, Mali allows informal gold mining to recommence. The country exported over 16 tonnes of gold in the first 4 months of this year.
Graphite seeing some upward movement
The graphite market has shown its first sign of life in a few years with some upward price pressure.
