How central bank gold buying is undermining the dollar
The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.
Latest Stories
Rio Tinto cuts FY iron ore guidance after cyclone hits Q1 shipments
Rio Tinto has reported a 14% drop in quarterly iron ore shipments and cut its 2019 shipments estimate on disruption caused by Cyclone Veronica.
Rio Tinto warning may rupture mining industry into green and dirty
Rio Tinto's warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.
Australia’s flood-damaged Mt Isa zinc railway to reopen April 29
The 1,000-km rail line is used by miners including Glencore, MMG Ltd and South 32 to carry zinc and lead concentrate.
Australia’s Lynas posts 33% jump in Q3 rare earths output amid takeover interest
Output of rare earths oxides in the quarter ending March 31 was 5,444 tonnes, compared with 4,110 tonnes produced last year.
Hecla Mining’s water permit for Montana mine revoked
Licence would have allowed Hecla to pump groundwater to supply the proposed copper and silver mine beneath a Montana wilderness area.
Mining flotation chemicals market to reach $10B by 2020
Mining flotation chemicals are used during the ore beneficiation process.
Rapaport proposes diamond industry optimization plan to government of Sierra Leone
Rapaport says the model should guarantee that government diamond revenue provides vital infrastructure to the communities where the diamonds are found.
Anti-mining activists in South Africa face harassment, death — report
Opponents to mining projects in South Africa are often harassed, threatened and sometimes even killed, according to a report by a group of human rights advocates including Human Rights Watch.
