January 3, 2018

Alba wants to reopen gold mine behind three generations of royal wedding rings

Gold from Clogau St David’s mine in North Wales is behind the wedding bands of the Queen Mother, the Queen, Princess Margaret, the Princess Royal and Diana, Princess of Wales.

January 3, 2018

Germans invest heavily in gold in 2017, Deutsche Boerse says

Gold is seen as a safe haven for investors during times of uncertainty. Spot gold prices gained about 14 percent during 2017.

January 2, 2018

Mining in 2018: Copper price to power on

Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices

January 2, 2018

Court orders Zambia Vedanta unit to pay state firm $139 million

London court has ordered KCM to pay state mining company $139m in a claim related to copper price, raising by $36m the amount originally ordered to pay.

January 2, 2018

2018 feels ripe for ‘big unexpected crisis,’ Eurasia group says

This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group President Ian Bremmer says.

January 2, 2018

Gold’s best run since 2011 exposes `global complacency’ on rates

Bullion for immediate delivery advanced 0.9 percent to $1,315.08 an ounce at 2:15 p.m. in New York, according to Bloomberg generic pricing.

January 2, 2018

The EU starts to lead the Kimberley Process

Even though the system has received criticisms, its 54 participants seem committed to making it work.

January 2, 2018

Vale to get $1.35 billion less for fertilizer business

The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.

January 2, 2018

Diamond prices were okay in December, not so good throughout 2017

Rapaport says that following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.

January 1, 2018

Russia’s Mechel says has enough creditor support for restructure of $1bn loan

The company, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, circulated the final draft of a restructuring proposal among its creditors.