CME cobalt contract use soars above LME as big players join

Met coal prices have rallied this year on strengthening global steel demand.

Former Deutsche Bank trader Edward Bases allegedly put out bids to buy gold futures valued around $244 million over the course of four-and-a-half minutes, with more than 98% canceled without being filled.

The Denver, Colorado-based gold producer benefited from slightly higher prices of the precious metal.

Benchmark Mineral Intelligence estimates the deal would be for up to 18,000 tonnes of nickel annually.

Environmentalists sued earlier this year to block the proposed mine, arguing that it could threaten sage grouse habitats and that the former President Donald Trump's administration erred when it approved it in January.

The Kyrgyz government’s ongoing legal actions against Kumtor Gold Company violates Chapter 11 protection.

Benchmark 10-year treasury yields touched more than a five-month low, reducing the opportunity cost of holding gold.

Company last autumn signed a deal to supply US electric automaker Tesla Inc with lithium sourced from its deposits in North Carolina.

The Bruner gold exploration project is expected to become a low-cost, open pit, heap leach mine operation.