CHARTS: Gold price propped up (only) by Western investors
New report shows 2016 inflows into gold ETFs in the US in Europe increased to second highest on record, but all other sources of demand dropped sharply.
Latest Stories
Freeport may curb Indonesia operations if Grasberg deal delayed further
Miner says that each month of delay in obtaining approval to export means production would be reduced by 70 million pounds of copper and 70,000 ounces of gold.
US mulls scaling back ‘conflict minerals’ rule
The US Securities and Exchange Commission is reconsidering the rule, which requires companies to trace and report whether their products contain minerals from a war-torn part of Africa.
Kumba Iron Ore settles tax dispute in South Africa
The miner, Africa's largest iron ore producer, will pay R2.5 billion, considerably less than the original R6.5 billion it had been asked to cough up.
Vancouver miner escapes Philippine crackdown
B2Gold escapes crackdown in Philippines, but Australian-Canadian OceanaGold has mine suspended.
The oil war is only just getting started
It's been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how U.S. shale is responding to fifty-plus-dollar oil with rebounding drilling activity.
Gold price jumps to 11-week high – more gains ahead
Survey of 23 gold analysts forecast a bullish 2017 amid increasing global economic and geopolitical uncertainty.
South African judge clears path for Ivanhoe Mines’ Platreef mine development
Judge revoked an interim order that prevented the company from relocating graves present at its Platreef platinum group metals mine, in Limpopo Province.
Australia’s record-breaking mining exports hint of new sector boom
Higher commodity exports delivered a record trade surplus of $3.5 billion in December, the second monthly trade surplus Australia has recorded in nearly three years.
