Hedge funds make $5 billion bet on rising copper price
Large scale speculators in copper futures lift bullish positioning to unprecedented 2 billion pounds.
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Top 10 mines riding zinc price wave
Zinc is the best performing metal of 2016.
New $264m Zimbabwe platinum mine to last 34 years
Completing the $264-million mine will boost the platinum reserves of Zimplats from 3 million to 9 million ounces.
Italy’s resounding no lifts gold price
Gold price up 1% with with eurozone in turmoil and Italian prime minister stepping down.
Explosion in Chinese coal mine leaves 32 dead
Thirty-two miners were killed in a gas explosion that ripped through a coal mine in Chifeng, Inner Mongolia on Saturday.
EPA’s proposed financial responsibility rule for miners a ‘job killer’ — industry
Norm aims at ensuring that hard-rock mining companies can pay the costs of cleaning up their mines, says EPA.
Cameroon involved in Central African ‘conflict diamonds’ trade — report
Cameroon is allowing conflict diamonds from the Central African Republic to cross over its borders and into the legal supply chain due to poor controls, smuggling and corruption, a new report shows.
China gold premiums soar amid import limits
Just this week, bullion was sold in China at about $24 an ounce above the international price.
Gold price slump puts Barrick’s Super Pit deal with Minjar at risk
The Chinese miner is also having a hard time trying to convince Western lenders of financing part of the deal.
