June 3, 2019

Indian commodity exchange approves Steinweg as storage facility

Dutch-based Steinweg is unique in being approved by the London Metal Exchange, the Shanghai Futures Exchange and CME Group, three major exchanges where metal is traded.

May 31, 2019

Gold — China premiums rise as trade woes boost buying; India demand tapers

Gold premiums in top consumer China rose this week as investors bought the metal as a safe-haven due to rising trade tensions with the United States.

May 30, 2019

Mapped: Who owns the world’s gold reserves

Central banks around the globe have been on a gold buying spree this year, with Russia and China, leading the pack.

May 30, 2019

Papua New Guinea’s new leader “taking back” economy, puts resources firms on notice

James Marape, a former finance minister who became leader after winning a vote in parliament, put some of the world's biggest resources companies on notice over a perceived lack of…

May 30, 2019

Malaysia to let Lynas continue running rare earths plant

Lynas' status as a non-Chinese producer came into sharper focus this week after major Chinese newspapers reported Beijing was ready to use rare earths to strike back in its trade…

May 29, 2019

FLASHBACK: Largest known rare earth deposit discovered in North Korea

The 216 million tonne Jongju deposit 150km north of Pyongjang, theoretically worth trillions of dollars, would more than double the current global known resource of REE oxides.

May 27, 2019

Saudi miner said to weigh world’s biggest rights issue in a year

Saudi Arabian Mining Co. is weighing a plan to raise as much as $5 billion through a rights offering that could be the biggest since mid-2018.

May 24, 2019

India gold prices flip to premium as demand picks up

Dealers charged a premium of about $1 an ounce over official domestic prices.

May 22, 2019

Philippines exempts gold sales to central bank from taxes to boost foreign reserves

By law, all gold produced by small miners in the Philippines should be sold to the central bank at around market price, but miners have circumvented taxes introduced in 2011…

May 21, 2019

Vedanta wins bids to explore and mine two Indian copper blocks

The news comes a day after Zambia said it planned to strip Vedanta-controlled Konkola Copper Mines of its mining licence for breaching deal terms.