February 28, 2020

Worst commodity returns since 1987 spawned by virus sell-off

Bloomberg Commodity Index slid for a fifth session Friday, in the worst performance since September 2011.

February 28, 2020

Gold price plunges with biggest slide since 2013

Spot gold fell as much as 4.5%, the most intraday since June 2013, according to Bloomberg generic pricing.

February 27, 2020

Chinese metals association suggests stockpiling as virus hits demand

The start of stockpiling "can effectively alleviate the increase in inventory" at metal producers.

February 27, 2020

Canada backs Zijin Continental Gold acquisition

The deal received Investment Canada Act's approval, and all the required regulatory permits from China.

February 26, 2020

Malaysia approves 3-year licence for Lynas’ rare earths

The licence will allow it to continue processing rare earths at its $800 million plant in Kuantan.

February 26, 2020

Rio Tinto’s best earnings since 2011 clouded by virus risks

Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion.

February 26, 2020

Nornickel warns of coronavirus risks, reports leap in profit

Russian giant reported 2019 net profit up 95% and expects uncertain times for nickel and copper markets.

February 26, 2020

Rio’s $1bn spend to reach zero emissions “not enough”

Rio's boss said consumers, governments and shareholders must all be willing to make sacrifices if climate targets are to be met.

February 25, 2020

Pandemic fears: real and imagined

Until stability is restored you’ll want to carry the only form of currency that will not suddenly become worthless: gold and silver.

February 25, 2020

Iron ore shows rain can triumph over China virus fears

Iron ore’s robust performance is built around supply disruptions from Australia and Brazil.