Barrick CEO sees no competition in his bid for Freeport’s Grasberg mine

Demand fears continue to restrict the extent of upside moves, whilst supply disruptions at the mine level have more recently provided a floor to prices following the early-year sell-off.

Once again Asia drove demand, with China and India alone accounting for 54% of the total.

The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.

Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.

CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.

The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.

Mancini advises investors to go for the best of the best: gold miners with cash flow, great balance sheets, low costs and good management.

Chinese import prices surge more than 3% to 10-week high after Beijing's surprise rate cut boosts industry prospects.

Forrest is blaming BHP and Rio for a fall in the price of iron ore as the pair continue to ramp up production.