Taliban plans to formally join China’s Belt and Road Initiative

The haven asset briefly rose above $2,000 an ounce on Monday for the first time in a year.

JPMorgan owned the LME nickel contracts that turned out to be backed by bags of stones rather than metal.

The Chinese company aims to double production this year, as it brings another massive Congolese mine online.

Bank expects the copper price to hit $10,500 in the near term.

Wyloo offered to buy all the shares of nickel miner Mincor it does not already own for an implied equity value of $504 million.

The Australian Securities and Investments Commission found that Kurt Schlosser purchased shares in Piedmont after being informed of details of a five-year spodumene concentrate supply agreement.

It’s not clear whether the bags ever contained nickel, and whether the issue is a result of error, theft or fraud.

The world’s biggest copper trader believes the metal could even surpass $12,000 a tonne within 12 months.

"Gold's volatility reflects that the market is digesting the recent shotgun wedding between Credit Suisse and UBS and the possible contagion."