By Ranjeetha Pakiam and Justina Vasquez | Bloomberg Gold surged to its highest since 2013 as rising tensions in the Middle East stoked demand for havens, with Goldman Sachs Group Inc. seeing more room to run. Palladium extended gains to a fresh record. Bullion neared $1,600 an ounce after Tehran said it would no longer abide by any limits on its enrichment […]
By Godfrey Marawanyika and Brian Latham | Bloomberg Impala Platinum Holdings Ltd. is in talks to buy land in Zimbabwe from rival Anglo American Platinum Ltd. as the world’s second-biggest producer of the precious metal seeks to boost output from the southern African country, according to people familiar with the negotiations. The purchase of the […]
For as long as commodities have been traded, there has been commodity fraud. This is an ancient problem affecting the both the physical and financial markets. Even with controls and regulations, the financial commodity markets still face cases of fraud, spoofing of markets and other calamities caused by dishonest trading practices. The physical commodity markets […]
By Martin Creamer | Mining Weekly South Africa is being urged to seize the massive opportunity that the new fuel cell and hydrogen economy present at a time of slumped local wealth creation and horrific job starvation. With the platinum-catalysed fuel cell and hydrogen markets beginning to ascend stridently globally, South Africa, as host of the […]
By Benjamin Webb & Duncan Murray | CCEX As humanity marches headlong into the future, our insatiable appetite for technology is advancing at an ever increasing and unsustainable pace. Vast amounts of raw materials are needed to produce the technology we crave to make our modern lifestyles possible. No matter how much we reduce, reuse […]
By Duncan Murray and Benjamin Webb This following article will look at some of the challenges facing people in the ASM sector, why it is necessary and the benefits of being able to provide correct compliance information. As well as this we will share some of the challenges we have faced on our journey helping […]
By JP Casey | Mining Technology A report from the World Bank and non-profit organisation Pact has revealed the extent of a “global data gap” in the artisanal and small-scale mining sector, and sets out to create an artisanal mining database to better collect information on one of the mining industry’s most hazardous sectors. The […]
By Allen Sykora Palladium prices hit yet another fresh record high Tuesday, topping $1,600 an ounce for the first time, and traders are looking for still more gains in a market described as tight. “Palladium is now a leader in precious metals; price makes news and [the] media discovered it,” said George Gero, managing director […]