Gold has biggest weekly gain since 2016 as virus fears deepen
Bullion still gained nearly 7% this week, fulfilling its role as insurance at a time when the outbreak is shaking investor confidence.
Latest Stories
Coal miner Cerrejon, union fail to reach agreement
Company is owned equally by BHP Group, Anglo American and Glencore.
Copper price revised up on bullish H2 2020 outlook
Fitch expects the majority of shuttered manufacturing hubs and supply chains in China to be freed of restrictions by April.
Zambia buys artisanal gold to formalize unregulated mining
Government will use centres for buying gold to bring miners into the formal market.
Altura clinches $202 million finance package
The company had been struggling with funding amid weaker lithium prices.
China warns metals firms not to race back from virus
China Nonferrous Metals Industry Association said 76% of its members had gone back to work.
San Marco receives exploration permit for British Columbia property
The permit allows for substantial drilling on the property, which will help test the known mineralized footprint.
Barrick boosts inventory of “key commodities” due to coronavirus
Drawing on experience of combating Ebola outbreaks around its mines in Africa, the gold giant has increased emergency response plans.
Amplats declares force majeure, cuts output forecast
The south African miner lowered total platinum group metals guidance for 2020 from 4.2-4.7 million ounces to 3.3-3.8 million ounces.