India’s state copper miner plans $800m expansion

Import levels questioned as government faces political scandal over trade deal with Iran.

Gold jumped again on Friday and with shorts climbing to a record 8,3m ounces any sustained rally will spark a scramble by hedge funds to cover their positions.

A solution to India's gold problem?

Fresh off three months of travelling the globe, S&A Resource Report Editor Matt Badiali shares his insights with The Energy Report readers on how to go where no one else wants to be and make a lot of money doing it.

But bubbly stock markets could see investors return to the sector as 2013's plunge in commodity prices make metals and minerals look cheap.

Overall this year copper slipped 7.4%, but the losses were more modest than many anticipated.

While 2013 will go down as the one when gold stop glittering and miners were forced to tighten their belts, our readers favoured a wide range of stories.

Traders are choosing to import gold jewellery than bullion bars because jewellery is not subject to the 80:20 rule - but it does have a higher import duty.

Traders are paying the airfare for non-residents to bring in gold.