Gold reserves in London vaults rise 2.24% in December
The amount of silver held was at 27,818 tons, up 2.3% from November.
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AI to boost copper demand 50% by 2040 — S&P
The consultancy warns new AI, defence and robotics uses could strain copper supply without major gains in mining and recycling.
Trump’s Greenland talk brings opportunity, unease for business
The business community is split on the impact of Donald Trump’s renewed interest in the Arctic island.
China’s metals in grip of frenzy as investors bet on rally
The total turnover of the Shanghai Futures Exchange’s six base metals contracts, plus gold and silver futures, reached 37.1 trillion yuan in December.
Perth Mint’s December gold, silver sales slip versus November
Sales of gold coins and minted bars fell to 35,885 ounces in December, from 66,710 ounces in November.
Silver, platinum prices plunge to extend big spike in volatility
“We expect large-scale selling activity to kick off amid significant rebalancing flows from broad commodity indices,” TD Securities strategist said.
African states, business groups eyeing stake in De Beers, CEO says
Anglo American, which owns 85% of De Beers, has valued the diamond producer at about $4.9 billion.
Gold, silver miners sell stock at fastest pace in over a decade
A flurry of equity raises by the small- and mid-cap precious metals miners comprised the bulk of activity.
De Beers bets on India’s rich to boost natural diamond demand
The unit of Anglo American is opening its fifth and largest global ‘Forevermark’ store in Mumbai this week.
