Shrinking aerospace demand to keep pressure on cobalt

Peabody's bankruptcy filing is one of the largest in the commodities sector since commodity prices began to fall in the middle of 2014.

The country's largest mining companies recommend a broad-based carbon price applicable to all sectors of the economy.

Gold production fell 17.6% to 14,172 ounces in the first quarter of the year due mainly to harsh winter conditions.

The 10 diamonds, found at the Karowe mine in Botswana, were sold for gross revenues of $33,632 per carat.

“The big problem is that monetary policy is contagious and central bankers no longer have any bullets left," said precious metal expert Diego Parilla.

The ancient Kolar gold mines produced some 25 million ounces over 150 years before being abandoned in 2001, as gold prices began to sink.

The Cauchari-Olaroz project, in northern Argentina, is forecast to initially produce 40,000 tonnes of lithium carbonate equivalent a year.

Decision would reduce the total investment needed to $600 million from the whooping $3 billion it was originally estimated.

The Hounde project, in Burkina Faso, is forecast to produce about 1.9 million ounces of gold over a 10-year mine life.