Gold price advances on weaker US economic cues
“Gold has probably found a home around $1,900,” said analyst.
Latest Stories
The world’s appetite for solar panels is squeezing silver supply
Solar's share of total consumption is forecast to be 14% this year, up from around 5% in 2014.
China set to boost state cobalt reserves after tumble in prices
The National Food and Strategic Reserves Administration, the government stockpiling body, may buy about 2,000 tons of cobalt.
Iron ore price slumps as China production cuts spark fears of demand drop
Market speculation about government intervention in the iron ore market last Friday weighed on sentiment as well.
NRW Holdings to design, construct Northern Star’s KCGM plant for $648m
Last month, Northern Star's board approved an expansion of the processing capacity at KCGM.
Develop Global to buy Essential Metals for $102 million
Develop Global, an Australian base metals explorer backed by lithium miner Mineral Resources, said Essential’s board had ok'd the deal.
ING sues legendary Chinese copper trader over $147 million debt
Amount involves overdue payments owed by Triway International Ltd., a trading arm of Maike Metals International, founded by He Jinbi.
Glencore offers to buy rest of PolyMet for $71m
The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine.
Stellantis inks battery metals offtake deal with Australia’s Kuniko
Stellantis has agreed to invest 5 million euros in the battery metals miner in return for a near 20% stake.
