Gold price hits fresh high as Mideast tensions boost haven demand The latest US inflation reading offered some calm to markets a day after a hot price reading curbed bets. Bloomberg News | April 11, 2024 | 9:59 pm
Zinc price trades near one-year high as market weighs supply risks Prices for the metal have rallied more than 13% over the past two weeks amid the threat of reduced output from refiners. Bloomberg News | April 11, 2024 | 8:34 pm
China state planner finalizes rule to set up coal production reserve system The rule, first issued in draft form in December, called for 300 million metric tons of "dispatchable" annual coal production by 2030. Reuters | April 11, 2024 | 8:30 pm
Protesters agree to lift blockade near Las Bambas copper mine Owner China's MMG faces a fresh protest by local communities demanding greater benefits from the Las Bambas copper mine. Reuters | April 11, 2024 | 5:09 pm
Alaska sues EPA over Pebble mine prohibitions It comes about a month after a similar lawsuit was filed by the site's developer, Northern Dynasty Minerals. Reuters | April 11, 2024 | 5:04 pm
Denarius sees quick restart for former Lundin nickel-copper mine in Spain The Aguablanca mine will produce a total of 43.2 million lb. nickel and 34.6 million lb. copper plus gold, platinum, and palladium. Staff Writer | April 11, 2024 | 10:55 am
Chile’s copper output up 9.8% in February, Codelco production dips Copper production from the Escondida miner rose 34% to 97,500 tons. Reuters | April 11, 2024 | 10:17 am
Mexico’s Supreme Court could strike down president’s mining reforms next week Over 500 constitutional challenges have been filed against the law, Mexico mining law expert Santiago Suarez Sevilla says. Henry Lazenby | April 11, 2024 | 10:00 am
Costco is selling up to $200 million of gold bars and silver coins every month Given its pricing and shipping costs, analysts with Wells Fargo wrote that it's likely a "very low-profit business at best." Staff Writer | April 11, 2024 | 9:20 am