Poland makes biggest gold purchase since 1998 as prices slump Poland is making a rare charge into gold. The country added about 9 metric tons to its bullion reserves in July and August as prices dropped. Bloomberg News | October 1, 2018 | 11:47 am
Gold coin `Sultan’ faces death penalty as Iran hunts speculators The government embarked on a drive to root out corruption and punish speculators it blames for exacerbating the currency crisis. Bloomberg News | October 1, 2018 | 11:35 am
Japan’s Mitsui Mining expects H2 zinc output to rise 3.6 pct y/y Mitsui Mining and Smelting Co Ltd plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year. Reuters | October 1, 2018 | 10:58 am
Aurubis to offer a $96 tonne copper premium for 2019 This compares to $86 per tonne in both 2018 and 2017. Reuters | October 1, 2018 | 10:45 am
Japan Q4 aluminium premiums set 22 percent lower than Q3 Premiums for Japanese aluminium shipments for the October to December quarter were set at $103 per tonne. Reuters | October 1, 2018 | 10:39 am
Glencore mulls integrated LNG project in Philippines The project would be for a Floating Storage Regasification Unit (FSRU) to import gas directly to a power plant in the country. Reuters | October 1, 2018 | 10:25 am
Barrick Executive Chairman increases shareholding in company to 5m Shares Thornton has purchased 2,271,029 additional common shares in Barrick at an average price of $11.11 per share, nearly doubling his total shareholding. Barrick Gold Corporation | October 1, 2018 | 10:03 am
After another quarterly loss, is worst over for commodities? Commodities just posted the longest losing streak in more than three years. Bloomberg News | October 1, 2018 | 9:57 am
Gold miner Avocet hints at possible break-up Avocet Mining warned on Monday that it could be broken up as the struggling gold miner continues talks with its largest shareholder to restructure its debt. Reuters | October 1, 2018 | 9:16 am