Central banks to increase gold holdings over crisis concerns
Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors.
Latest Stories
Montage expands landholding in Côte d’Ivoire with acquisition of Barrick-Endeavour JV project
Its consolidated land position at the Koné gold project will increase to over 2,250 square kms.
Iron ore price slips as Chinese steelmakers face margin pressure
"The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said.
Mongolia urges transparency as Rio Tinto seeks control of Oyu Tolgoi
Erdenes Oyu Tolgoi, the Mongolian state-owned firm, also wants Rio to grant more power to local management.
E3 Lithium to drill Alberta’s first brine production well
E3 says the brine production well will provide critical data such as brine chemistry, lithium concentrations and reservoir characteristics of the Clearwater project area.
China ban on foreign coal investment leaves Zimbabwe scrambling
Zimbabwe’s plan to refurbish two idled coal-fired power stations has been thrown into disarray by China’s decision.
One dead in mining accident in eastern Poland, say police
In April, two mines belonging to state-owned JSW saw fatal accidents over just one week, and authorities promised a safety review of the mines.
Uganda says exploration results show it has 31 million tonnes of gold ore
Most of the deposits were discovered in Karamoja, a parched sprawling area in the country's northeastern corner on the border with Kenya.
Column: Funds cut bear bets on copper as China recovery hopes grow
However, there is no evidence that funds are yet prepared actively to buy into the China recovery story, writes Andy Home.
