India’s December gold imports plunge 79% as price rise dents demand
India imported 20 tonnes in December, down from 95 tonnes a year ago.
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Fosun weighs sale of Belgian diamond-grading firm IGI
The Chinese conglomerate is working with Deutsche Bank AG on the potential divestment of the International Gemological Institute.
Metals prices could spike with markets so tight, Trafigura says
“We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said.
Europe’s largest rare earths deposit found in Sweden
The discovery by Swedish state-owned miner LKAB could help the continent break away from China’s dominance in the sector.
Superdeep diamond reveals new info on earth’s geological processes
A superdeep diamond recovered in Guinea has become the messenger of new information on plate tectonics.
Arkle Resources finds lithium in Ireland
The explorer, which has so far focused on gold in Ireland, said drilling results show evidence of lithium bearing pegmatites.
Robbers pull off multimillion-dollar copper heist in Chilean port
It is the largest copper theft since a spate of gangster heists in northern Chile last October forced the government to tighten security on trains carrying copper cathodes.
Alcoa reverts to gas for fuelling alumina refineries in Western Australia
Alcoa has reverted to using gas to fuel the powerhouse boilers at its partially owned Kwinana and Pinjarra alumina refineries.
Maaden aluminum smelter cuts production on operating issues
Maaden owns 75% and Alcoa holds 25% of the massive aluminum complex in Saudi Arabia.
