March 11, 2016

Crumbling U.S empire drives Russia & China to move into gold

Central bankers have been on a massive Gold Buying Spree led by Russia and China.

March 11, 2016

Australia jails former Hanlong boss Xiao for insider trading

He had pleaded guilty last year to conducting 102 illegal trades related to two Perth-based companies, Sundance Resources Ltd. and Bannerman Resources

March 9, 2016

Chinese bank joins LBMA silver fix

In a sign of further influence in global financial markets, a major Chinese bank has been allowed into an elite club of bankers that sets the global price of silver.

March 9, 2016

MMG swings to loss and books $784 million write down

The overseas unit of China’s largest state-owned copper and zinc producer is the latest victim of a sustained rout in metal prices.

March 9, 2016

Slowing Chinese demand of coal to hurt Mongolia — BMI

The ramp up in Mongolian coal production will be faced with decreasing demand from China, the major importer of Mongolian coking coal.

March 8, 2016

Biggest fall in Chinese exports in seven years hits UK mining shares

Official figures released in Beijing showed that exports in February were down 25.4% on a year earlier, the worst performance since May 2009

March 8, 2016

Goldman rains on everyone’s parade, says commodities rally won’t last

The recent surge in prices of gold, oil and other commodities has come prematurely, says the bank, arguing that lower prices are needed for markets to rebalance.

March 7, 2016

Insane rally rockets iron ore price past $60

Iron ore price posts largest one-day gain ever surging 19.5% to $62.60 a tonne in frenzied Chinese trading.

March 3, 2016

Iron ore price jumps to new 2016 high

Latest advance sees year-to-date rally top 20% ahead of crucial economic policy-setting meeting of Chinese leaders.

March 2, 2016

World’s top copper miner sees metal at $2 a pound for at least two years

Codelco says current copper rally will be short-lived.