Could the stars be aligned for $1,500 gold?
In response to a number of factors, gold is up close to 3% in 2018, compared to the S&P 500 Index, down 2.4%.
Latest Stories
Nickel market eyes Philippines as mine review delayed yet again
The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance.
A little-known cobalt miner wants to out-produce everyone except Glencore
New output from Congo means the supply of cobalt could exceed demand for a few years, as it did narrowly in 2017.
Global gold investment seen rising for 5th year in 2018 -CPM
CPM forecast net gold investment at 20.3 million ounces during 2018, a 6.6 percent rise from its 19.1 million ounces in 2017.
Botswana’s Debswana says expects further rise in diamond output
Debswana expects growth this year as lower taxes in the US leave consumers with more to spend on luxury goods.
Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale
Company has agreed to sell its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy.
Copper Mountain gains approval for $71m acquisition of Altona
The combination of the two companies will result in a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.
Vedanta shuts protests-ridden copper smelter in India for 15 days
The maintenance activity, originally scheduled for April, comes amid media reports that thousands had taken to the streets and shut shops in Thootukudi to protest against the expansion of the smelter.
Canada to target smuggling of steel intended to dodge US tariffs
Under new measures unveiled by Prime Minister Justin Trudeau's office on Tuesday, the Canada Border Services Agency will gain new powers to stop companies that try to dodge duties.
