In top consumer China, gold was sold at a premium of $10-$13 an ounce over the benchmark this week.

Japan granted the Canadian company four additional prospecting rights.

Tin prices on the London Metal Exchange at around $18,000 a tonne are down 15% since hitting one-year highs at $21,800 a tonne in February.

Price momentum and structural economic reforms in India and China will also be key demand drivers.

Following a two-month halt in operations, monthly coal production at Ulaan Ovoo reached 37,800 tonnes in June.

Gautam Adani took aim at two major faults opponents have flung at the development of the Carmichael coal mine.

The Ombilin coal mine and mining town are considered the oldest in Southeast Asia.

The ISA says it has the right to set the rules as it is a transparent public forum of consensus-building by the international community and in compliance with international law.