Bolivia seized three of Glencore’s operations in nine years and the Swiss giant is now initiating arbitration proceedings against the South American nation.
Soros Fund, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world’s biggest producer of the metal by 94% in the ensuing three months.
Large scale futures speculators and PGM investors in physically-backed exchange traded funds are taking wildly different views of the outlook for the metals.
About a year after two treasure hunters claimed to have found a Nazi train in Poland, laden with gold and gems, a team of 35 researchers has resumed digging for it.
A wave of overbuilding and production increases in recent years — spurred by a spike in crop prices and a perceived demand that didn't quite materialize — have left the market flooded with supply.