ETF sold gold piling up as Chinese imports drop 83%
Swiss customs data for May show delivery from UK gold vaults to Switzerland's refineries jumping 32% to 32 tonnes, just as Chinese buying tanks 83%.
Latest Stories
Nathan Tinkler’s $150 million Wilkie Creek coal mine on track
The former billionaire denied media reports saying his $150 million agreement to buy coal mine could be delayed or derailed because he has not satisfied contractual financing conditions.
A retractable hose reel with good looks and great functionality
New to the market, Tecpro’s latest retractable hose reels features an optional removable stainless steel cover.
Diamond miner Alrosa’s profit down 3% in first quarter
But the world's No.1 diamond company by output saw a big jump in revenue: up 43% to $1.6 billion
South Africa’s platinum miners to resume working
The three-year agreement ends the country's longest and costliest strike.
BHP mulls further job cuts
Up to 3,000 jobs could be axed from BHP's flagship iron ore division, where 500 jobs have already been lost.
US Supreme Court backs Obama’s carbon regulations
The high court backed the EPA's carbon emission cuts for large facilities, but said it has no rights over smaller polluters such as apartment buildings, schools or restaurants.
Aussie firm rejects claims of planning to mine for rare earth in Idaho
There is an estimated 104,300 metric tons of thorium and rare earth element-rich veins in the area where MMG Limited has been granted exploration rights.
