Tin slumps most in seven years on spike in Chinese selling

Rio Tinto would have to build its own power plant and delay commercial production if the two nations cannot come to a deal during long-running power negotiations.

Central banks demand for gold in the second quarter reached 157.2 tonnes, a record high and more than double last year's Q2.

Downstream companies are playing a wait and see game, hoping to capitalize if rare earth prices decline further.

Barrick Gold was trading up 3.8% in heavy volumes in Toronto and African Barrick Gold shot up 8% after Barrick confirmed that it is in early talks with China National Gold Group regarding its 74% holding in ABG.

China's rapid expansion in the African continent brings both risk and peril to Western mining companies operating in the region.

"We are not going to see the spectacular growth rates of 10, 12 percent per year."

A new report released by Greenpeace claims that China's insatiable demand for coal could imperil fragile water resources in the country's vast north-western hinterland.

“We expect August to mark a low point in the current steel output cycle.”

While the jade market in China is a fraction of its overall jewellery trade, the collapse in the value of the stone could indicate tough times for other markets like diamonds and precious metals.