CHARTS: Mining is riding out US-China trade war

Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 101.7 tonnes in April, up 62%.

China is looking to allocate a value-added tax (VAT) permit to all rare earth companies in a desperate effort to curb resource plundering, dangerous artisanal mining and widespread pollution, as well as collecting revenue.

Copper suffered another sharp drop in New York on Friday with traders reacting to bad economic news from the US in the form of dismal jobs numbers, a crisis in Europe that seems to be stressed to breaking point and a steep drop-off in growth in China, Brazil and India.

The prospectus giving details of the creation of a $90 billion mining and commodities trading behemoth will finally find its way to the inboxes of shareholders today.

Eldorado Gold Corporation ("Eldorado") ("the Company" or "We") (TSX:ELD)(NYSE:EGO)(ASX:EAU) today confirmed its intention to be removed from the official list of the Australian Securities Exchange ("ASX") effective at the close of trading on August 31, 2012 (Sydney time). Eldorado had previously announced on February 24, 2012 that it intended to de-list from the ASX (see news release 12-09).

Graff Diamonds only received half the expected orders. Its announcement comes just one week after China Nonferrous Mining Corp pulled the planned listing of its Zambian copper assets in Hong Kong.

Ruchir Sharma, head of emerging markets at Morgan Stanley, makes one of the most bearish statements yet on the end of the so-called commodity supercycle.

An increase in demand from Chinese consumers could make diamonds an attractive proposition for investors, according to Bank of America Merrill Lynch

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.