Iron ore prices to fall back into the $30s — Citi

Newcrest Mining (ASX:NCM) is accused of licensing breaches by a private exploration company seeking to scupper the gold mining giant's $2 billion Cadia East project.

The closure of AngloGold Ashanti's (NYSE:AU) nation-wide operations and Lonmin's concessions to striking workers (LSX:LMI) have raised concerns that unhealthy precedents are being set for future industrial unrest.

Finland could become the first European country to end usage of coal in energy production.

The actions of an inebriated broker during a booze-induced black-out pushed global oil prices to an 8 month high.

Xstrata's board will recommend the merger of the company with fellow Swiss commodities giant Glencore.

The International Monetary Fund has given the go ahead to the use of USD$2.7 billion in profits from gold sales to ramp up financial assistance to developing economies.

Gold prices are set to a receive a major boost from their adoption by banks are a core asset if the world's leading banking regulatory authority opts to raise their asset status.

Laboratory grown diamonds have the potential to become the best “conflict-free” alternative to original precious gems, as these man-made rocks are gathering momentum in the high-end jewellery world, says Clive Hill, founder and president of Washington Diamonds.

British bank Barclays opened its first precious metals vault on the outskirts of London that caters to institutional investors, sovereign-wealth funds, central banks and commercial banks.