May 8, 2019

Diamond tycoon fails in third UK bail attempt as assets frozen

Fugitive diamond merchant Nirav Modi’s third attempt to get bail has been denied by a UK court.

May 7, 2019

Indonesia chases manufacturing hub dream as commodities wither

Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea.

May 7, 2019

Gold imports by India are said to have jumped ahead of festival

Inbound shipments grew to 121 tons last month from 52.8 tons a year earlier.

May 7, 2019

Gold glitters in India during key festival as prices dip

A rise in consumption by the world's second-biggest gold consumer could help global prices which are currently hovering near a 4-month low.

May 6, 2019

Gold miners continue to cut costs, up production and finally – raise more money

Gold mining industry entered 2019 in much better shape.

May 6, 2019

US, allies propose financing for power plant for Papua New Guinea gold mine

The Wafi-Golpu mine in Papua New Guinea is considered one of the world's largest untapped gold resources.

May 6, 2019

Oil holds above $60 as supply concerns counter Trump trade talk

Oil recovered from early declines after U.S. President Donald Trump threatened to escalate his trade war with China.

May 6, 2019

Hong Kong exchange to launch dollar-denominated mini contracts for base metals

The new offering comes five years after a similar product fizzled on the Singapore Exchange (SGX).

May 6, 2019

Massive base metals mine in Myanmar to start production in 2021

Bawdwin will be the world’s No. 3 producing lead mine and the tenth largest silver operation. It’s also set to become a significant zinc producer.

May 5, 2019

Asia gold – lower prices, festive demand boost purchases in India, Singapore

Gold demand was robust in India and Singapore this week as a correction in prices ahead of a key gold-buying festival boosted purchases.