August 27, 2019

Central banks just love gold and it’s going to stay that way

Gold has surged 19% this year as the trade war flared up, bond markets signaled that a US recession may be on the horizon, and the Federal Reserve cut rates.

August 27, 2019

Lithium glut, EV subsidy cuts take toll on major producers

Prices for the battery metal have fallen by more than 40% over the past year, knocking top producers' profits and share price gains.

August 26, 2019

Australia’s gold output reaches record high in 2018

Australia produced an all-time high of 10.3 million oz. in the most recent fiscal year.

August 26, 2019

China’s Zhaojin Mining eyes doubling of gold output via overseas M&A

Zhaojin has also been linked with a takeover of Russian miner GV Gold.

August 26, 2019

China passes law allowing regions to set resource taxes

Major resources such as crude oil or rare earths will still be subject to a fixed tax rate set by the central government.

August 23, 2019

Commodities ensnared again as US-China trade war escalates

A 5% levy will also be imposed on crude oil starting next month. Last year, Beijing removed crude from a list of goods targeted for tariffs, signaling the importance of…

August 23, 2019

Gold price surges to new 6-year high

US-China trade war, return to ultra-loose monetary policy lights fire under gold.

August 22, 2019

China eases restrictions on gold imports

Sources said those measures had possibly been designed to reduce capital outflows and bolster the yuan.

August 22, 2019

Tianqi Lithium’s H1 net profit slumps, clinches LG Chem supply deal

Tianqi's first-half net profit fell 85.2% from the same period a year ago.

August 22, 2019

China’s Qianhai Mercantile Exchange launches copper rod trading

A total of 641.86 tonnes of copper rods changed hands on the first day of trade, with a turnover of 29.94 million yuan ($4.23 million).