Lithium prices from Chile decline even as demand soars
Chile exported lithium carbonate at an average price of $12,183 per tonne, 0.9% down from the same period a year earlier.
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China-US trade war disrupting metal markets, sparking volatility
A swift deterioration in China-US trade talks hit global financial markets this week as investors faced the prospect of an escalation rather than an end to a 10-month-old trade war.
Norway’s KLP fund cuts coal exposure
Norwegian pension fund manager KLP has sold $366m of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American.
Chile copper mine production slides in first quarter – Cochilco
Cochilco said world top copper miner Codelco saw output drop 17 percent from the same period in 2018 to 371,000 tonnes.
IAMGOLD stock sinks over 12% as Q1 results fall short
The Toronto-based gold miner reported an adjusted net loss of $2.2m, or roughly $0 per share, falling short of analysts' expectations of $0.01 per share.
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.
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.