January 16, 2018 These four factors will boost gold demand in 2018 — WGC Synchronised global economic growth, shrinking central bank balance sheets, rising interest rates, insubstantial asset prices and market transparency are the trends to watch this year, the World Gold Council said.
January 14, 2018 China imported a record amount of iron ore in 2017 Hunger for high-quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.
January 14, 2018 Gold gains $21 in 3 days on T-bond selloff Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York.
January 12, 2018 Indonesia sets framework for Freeport to yield control of Grasberg mine Indonesia state-owned holding Asahan Aluminum, or Inalum, would grab a 41.64% stake in the local unit of Freeport, which increases its current ownership in it to 51%.
January 11, 2018 Indonesia hopes to finalize Freeport contract talks by June Although divestment issues are still unresolved, Indonesia hopes to finalize contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June.
January 11, 2018 Mali mine takes B2Gold 2017 output to record high This is the ninth consecutive year the Canadian miner achieves record annual gold production.
January 10, 2018 Giant Bougainville mine restart stalls on moratorium over fears of civil unrest The Bougainville government has imposed an indefinite moratorium on mining at the controversial Panguna site — once the world's biggest open-pit copper mine.
January 9, 2018 Oil tanker still on fire in the East China Sea The Sanchi collided with a cargo ship about 260km off the coast of Shanghai.
January 8, 2018 Qatar to make copper wires, aluminium bars as it resists embargo Affiliate of Qatari conglomerate Aamal Co plans to build three factories to produce copper wires, aluminium bars and drums for cables.
January 8, 2018 As China restricts scrap, metal companies look to process copper abroad China told the WTO it would stop accepting certain types of foreign solid waste, including metals, in 2018 if they didn't meet stricter impurity thresholds.
Gold and silver prices stumble at the end of best year since the 1970s Both metals are on track for their best year since 1979. December 31, 2025 | 12:59 pm