February 21, 2018 Russia’s central bank gold hoard is now bigger than China’s Russia has overtaken China as the fifth-biggest sovereign holder of gold.
February 21, 2018 China Hanking bids for Australia’s Primary Gold China Hanking, already owns 8.4 percent of Primary Gold, a company with interests in the Coolgardie gold project in Western Australia and the Mt Bundy gold project in the Northern Territory.
February 21, 2018 Apple in talks to buy cobalt directly from miners — report Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.
February 21, 2018 Miners rich in cash are aiming for fat dividends, debt payments The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
February 21, 2018 Glencore gives investors $2.9bn in dividends after ‘strongest’ results ever The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
February 20, 2018 Gold price drops most since December 2016 Financial market volatility spreads to gold.
February 20, 2018 Stock market volatility is already on the rise Combined with worries about inflation and erroneous trade and fiscal policies, it may prompt investors to purchase some safe-havens, such as gold.
February 20, 2018 Tanzania’s new mining rules impose restrictions on foreign banks, insurers Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.
February 20, 2018 Randgold looks to the Americas in quest to diversify Flush with cash, Randgold is on the hunt for gold mines outside Africa.
February 20, 2018 Southern Copper wins auction for massive Peru copper project Rio Tinto, Teck Resources, Hudbay were among copper miners interested in $2 billion Michiquillay project in Peru.
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