BOE says tariff premium is fueling clamor to withdraw gold
Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.
Latest Stories
Column: Another cobalt bust but this time it’s different
The cobalt market is no stranger to boom and bust cycles but the current downturn is unprecedented and no-one is sure how long it's going to last.
Suspended Exxaro CEO resigns following allegations
Nombasa Tsengwa submitted her resignation in a Feb. 5 following a probe into allegations over her conduct.
Mongolia seeks to boost coal exports to China with new rail link
Mongolia was China’s fourth-largest supplier of foreign coal last year, and provided 60% of coking coal imports for the nation’s massive steel mills.
Vale takes full control of Baovale iron ore project
The Baovale joint venture was established by the Brazilian mining giant and Baosteel in 2001 to run the Agua Limpa mine.
Anglo American to review De Beers value amid weak diamond demand
De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.
Glencore poaches alumina trader from Gunvor
Gunvor mostly trades oil and other energy products, but has recently forayed into metals.
Barrick says global gold reserves rose 23% last year
Reserves jumped after a new assessment of Pakistan’s giant Reko Diq project.
Philippine lawmakers to approve bill to ban ore exports
The Philippines is the world’s second-largest nickel ore supplier with bulk of its shipments going to top market China.
