October 13, 2017

India’s gold prices swing to premium ahead of Diwali festival

Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.

October 13, 2017

U.S. steel stocks jump after Kobe Steel crisis deepens

"The Kobe Steel crisis is definitely helping other steel producers," Wunderlich Securities chief market strategist Art Hogan said.

October 13, 2017

B2Gold up on higher-than-expected production

Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000…

October 12, 2017

Rio Tinto’s $2 billion coal assets attract investor consortium: sources

Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.

October 10, 2017

Move over gold, diamonds may become one of the greatest safe-havens

The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset.

October 10, 2017

India’s Sept gold imports jump 31 pct on festive demand — GFMS

Higher purchases by India, the world's second-biggest consumer, could lend support to global prices that are trading near their highest level in a week.

October 8, 2017

Chinese companies to build 700 coal plants in and outside China

Of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it.

October 6, 2017

Russia takes advantage of China’s North Korea coal ban

As North Korean imports of anthracite coal have waned with sanctions, those from Russia have soared.

October 6, 2017

Asia gold-transparency law and smuggling take shine off festival season

India's recent restrictions on the industry and increased smuggling took the sheen off the bullion market heading into the peak festival season.

October 6, 2017

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final…