Silver price soars to eight-year high on Reddit frenzy

The yellow metal ended the U.S. day session modestly down at $1,286.20 an ounce

Dozens of people flock to the Bong Mieu mine every day to extract gold

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.

But market was in small deficit according to study.

The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.

New report says despite a slowdown in China, falling mine production will push lead prices higher over the next five years.

Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.

Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.