June 11, 2018

China’s CITIC grabs stake in Ivanhoe Mines for $560 million

CITIC Metal will own 20% of the Canadian miner, which makes its biggest shareholder.

June 8, 2018

Asia Gold-Demand quiet amid small price moves, India discounts widen

Benchmark spot gold prices have moved since last Friday's close, with the spread between its highs and lows the narrowest of any week since August 2007.

June 8, 2018

Northvolt begins building Europe’s largest lithium-ion battery plant

The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt…

June 7, 2018

Scotiabank to scrap half its metals business- sources

ScotiaMocatta is curtailing lending to the physical metals supply chain and would refocus on major corporate clients.

June 7, 2018

Rio Tinto signs JV exploration deal with China’s Minmetals

The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .

June 6, 2018

India’s May gold imports plummet as price rally dents demand

The country's gold imports in the first five months of 2018 fell 39.4 percent from a year ago to 274.2 tonnes, data compiled by GFMS showed.

June 5, 2018

Gold jewelry sales recovering in China, but platinum left on the shelf

Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14% and 16% of consumption respectively.

June 5, 2018

Giant mine spewing waste for decades turns into battleground

Every year, Freeport-McMoRan Inc. dumps tens of millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is…

June 5, 2018

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

June 4, 2018

GO GOLD! Inflationary tariffs could supercharge the yellow metal

"What I can say with full confidence, though, is that prices will rise—for producers and consumers alike—which is good for gold but a headwind for continued economic growth."