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Iran “standing down” drops gold price by most in nearly 7 years

$124 billion worth of gold futures traded in New York as price plunges 3.7% or $60 an ounce after Trump eases Iran war concerns.

Frik Els | January 8, 2020 | 3:40 pm

South African platinum stocks extend 2019 surge into new year

The FTSE/JSE Africa Platinum Mining Index jumped 4.9% Wednesday, taking its advance this year to 6.5%, as palladium touched an all-time high above $2,100 an ounce.

Bloomberg News | January 8, 2020 | 1:50 pm

Teck to up coal shipping capacity 50% from BC port

The agreement increases contracted capacity from 3 million tonnes per annum (Mtpa) to 6 Mtpa with an option for Teck to extend up to 9 Mtpa from Neptune Terminals.

MINING.com Editor | January 8, 2020 | 1:23 pm

Brazil prosecutor aims to charge Vale within days over tailings dam disaster

Prosecutors expect to indict 15 to 20 people.

Reuters | January 8, 2020 | 12:09 pm

Gold-backed ETF holdings hit all-time high in 2019

In the fourth quarter, ETF holdings reached 2,900 tonnes.

Jackson Chen | January 8, 2020 | 11:54 am

Indonesia approves environmental study for battery-grade nickel plants

There are at least five of these plants being built in Indonesia currently.

Reuters | January 8, 2020 | 8:25 am

Gold steadies with Iran jitters easing; palladium tops $2,100

Iran is said to have intended to avoid US casualties when it launched more than a dozen missiles at US airbases in Iraq.

Bloomberg News | January 8, 2020 | 7:02 am

Getchell acquires two gold properties from Canarc

The Toronto-based miner will pay $2 million for the Fondaway Canyon and Dixie Comstock projects.

MINING.com Staff Writer | January 8, 2020 | 6:20 am

Havilah finds REE at flagship copper project in Australia

Two drill samples from West Kalkaroo contain elevated levels of neodymium and praseodymium.

MINING.com Staff Writer | January 8, 2020 | 6:15 am

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