Australia extends run of trade surpluses on metals exports
Australia has posted monthly trade windfalls since January 2018, underpinned by sales of iron ore and natural gas.
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JPMorgan may move into precious metals clearing in Zurich
The lender may begin to offer to settle its clients’ trades using metal located in Zurich, according to people familiar with the matter.
Rock Tech granted permission for early construction of lithium hydroxide plant in Germany
Once completed, the Guben converter will be the first of its kind in Europe, with expected annual production capacity of 24,000 tonnes.
Iamgold, Vanstar hike gold resource at Nelligan in Quebec
Nelligan now has an indicated resource of 72.2 million tonnes grading 0.85 g/t for 2 million oz. of contained gold.
India’s December gold imports plunge 79% as price rise dents demand
India imported 20 tonnes in December, down from 95 tonnes a year ago.
Fosun weighs sale of Belgian diamond-grading firm IGI
The Chinese conglomerate is working with Deutsche Bank AG on the potential divestment of the International Gemological Institute.
Metals prices could spike with markets so tight, Trafigura says
“We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said.
Europe’s largest rare earths deposit found in Sweden
The discovery by Swedish state-owned miner LKAB could help the continent break away from China’s dominance in the sector.
Superdeep diamond reveals new info on earth’s geological processes
A superdeep diamond recovered in Guinea has become the messenger of new information on plate tectonics.
