August 1, 2024

Owner of new Singapore exchange Abaxx agrees deal with MineHub

Under a share exchange deal, Abaxx will acquire 10.9% of MineHub.

July 30, 2024

Gold price gains 1% following rise in Middle East tensions

Spot gold was 0.9% higher at $2,405 per ounce by 2:30 p.m. ET, its biggest intraday gain since July 16.

July 30, 2024

Rich Asian investors are hot on gold, offsetting jewelry slump

In the April to June period, purchases in the difficult-to-track OTC market totaled 329.2 metric tons, WGC says.

July 30, 2024

Vedanta gets secured creditors’ nod for demerger

Vedanta launched the overhaul to carve up its business into six separate businesses.

July 29, 2024

Video: ‘Big bang’ in commodity demand set to lift miners, Prins says

Global geopolitical and energy transformations are driving an increased demand for tangible holdings, notably commodities, which are critical for the energy transition.

July 29, 2024

Controversial Japanese gold mine designated as UN heritage site

The Sado mine operated for nearly 400 years and was once the world’s largest gold producer before closing in 1989.

July 28, 2024

Global coal demand to remain largely stable through 2025 — IEA

In its last publication, the Agency previously predicted a decrease in demand in 2024, with a moderate decline thereafter.

July 26, 2024

Indonesia launches new phase of industrial park in bid to lure investors away from China

Batang industrial park already hosts nearly 20 companies in 10% of its total area of 4,300 hectares.

July 26, 2024

New Caledonia nickel firm KNS starts layoff procedure

KNS stopped its operations in March after Glencore decided to sell its interest following years of losses at the operation.

July 26, 2024

Indonesia trying to cut China stakes in new nickel projects

The strategy could help the industry qualify for US government subsidies.