Gold price back below $1,700 despite surge in ETF buying
Spot gold is back below the $1,700/oz mark, down nearly 2% to $1,686.
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Yamana hikes dividend, cuts guidance
This is the third dividend increase announced by the company over the past year.
Hedge fund pushes Teck to abandon oil, replace CEO
Tribeca Investment Partners said changes would improve Teck’s environmental credentials.
Mexican miners ask US to consider it on re-opening
Talks are ongoing both domestically and internationally in North America over how to re-open supply chains.
Belarus scores potash contract with Chinese consortium
It's the first muriate of potash (MOP) contract since September 2018.
Venezuela asks Bank of England to sell its gold to UN – sources
The effort signals that Maduro is desperately seeking financial resources as the country’s economy struggles.
Nornickel draws on credit lines to build cash buffer
Earlier, the company reported a fall in first quarter palladium and nickel output.
China Moly shrugs off South Africa port disruption as DRC cobalt sales rise
Copper output from Tenke Fungurume was up 5.4% at 42,694 tonnes in the first quarter.
Glencore joins mining industry’s rush to cut spending
Swiss miner and trader reduces capital expenses by $1 billion, outlines production impact of covid-19.
