October 31, 2014

China’s gold strategy

China first delegated the management of gold policy to the Peoples Bank by regulations in 1983. This development was central to China’s emergence as a free-market economy following the post-Mao…

October 30, 2014

Barrick boosts ties with China, names Woo Lee as regional leader

Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.

October 29, 2014

Nickel price jumps again – Chinese stocks gone by April

After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.

October 29, 2014

Space miner loses first satellite in rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

October 28, 2014

Iron ore price sinks as Beijing cracks down on smog

China imposes strict pollution controls ahead of Beijing APEC summit forcing steel mills to cut output.

October 28, 2014

Russia pushes forward plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

October 27, 2014

CHARTS: This is how much gold miners really put into their host countries

Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.

October 27, 2014

China’s September gold imports hit five-month high

Total gold imports from Hong Kong totalled 91.745 tonnes, as the nation observed its annual holiday the first week of October, a time when millions of people travel and spend…

October 27, 2014

Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.

October 27, 2014

This firm has more than half the copper in LME warehouses

That is worth around $534-$854 million, based on prices of $6,675 per tonne.