Lead to get more fund investment after joining BBG index
The index looks at five-year averages of exchange liquidity and production data to determine which commodities are included and which weightings are assigned.
Latest Stories
Newmont’s third-quarter profit misses estimates
The miner said its third-quarter gold production rose to 1.49 million ounces from last year's 1.45 million ounces.
Vale to study implementing ‘mega hubs’ in Middle East countries
Vale is expected to build and operate iron ore concentration and briquetting plants within the hubs.
Germany calls for ‘precautionary’ pause in deep-sea mining
The world's fourth-biggest economy, Germany joins countries including New Zealand and France in calling for seabed mining exploration to stop until further research is done.
World’s top battery maker CATL grabs stake in DRC cobalt-copper miner
The world's top battery maker is taking an almost 25% stake in CMOC Group, formerly known as China Molybdenum.
Stretchable lithium-ion battery packaging developed to give wearable devices a boost
The solution brings wearable devices closer to becoming more feasible, opening up opportunities in the medical field.
Protesters in Peru target Hochschild’s largest mine
Hochschild did not say if production had been affected, but noted protesters are blocking the entrance to the Inmaculada mine since Oct. 27.
Sibanye-Stillwater may cut thousands of jobs at gold mines in South Africa
The miner will enter into consultations with stakeholders, which could impact 1,959 employees and 465 contractors.
Record central bank buying lifts global gold demand, WGC says
Buying by central banks in the third quarter took their purchases for the year to 673 tonnes, more than the total purchases in any full year since 1967.
