Spot gold prices retreated from two-week highs on Tuesday after being repulsed by the $1,700 per ounce level. Losses continued in New York trade after hours on the back of the March options expiry where bullion was last trading at $1,683 an ounce .
Talks are under way to end a three-month lockout of workers at Rio Tinto Alcan's giant Alma aluminum smelter in northern Quebec as the two sides have been summoned to the negotiating table.
Shipping operations at Australia's Port Hedland have resumed after a tropical cyclone that passed through the Pilbara iron ore belt weakened to below cyclone intensity and moved inland on Sunday.
Glencore (GLEN.L) is one of a handful of parties eyeing a potential bid for Viterra (VT.TO), Canada's largest grain handler, as the diversified trading house looks to boost its agricultural presence, a Swiss-based industry source said on Monday.
Coal-reliant Poland on Friday vetoed European Union efforts to move further towards a low carbon economy, pitting itself against the rest of the 27-member bloc.
Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.
