Gold heads into 2012 with final quarter loss
Spot gold is ending 2011 on a weak note after 10 straight annual gains, heading for its first quarter of losses in more than three years.
Iron ore prices set for 20% decline in 2011
Iron ore prices in China, the world's biggest market, are headed for a 20% decline this year, and few analysts see them recovering soon.
Gold One completes Jintu deal
Gold One International says the AUS$150 million subscription by Chinese investors has been completed - as planned before the year end.
Copper heads for first drop in three years
COPPER is headed for its first annual drop in three years due to worries that demand growth for the industrial metal may falter.
Anglo American, Codelco face off in court
Chilean state copper miner Codelco and Anglo American have faced each other in court as Anglo seeks to have an injunction against it lifted, reports news wire Dow Jones.
Gold wallows near 3-month low
Gold is wallowing near a three-month low, remaining under pressure due to a firm dollar, while investors frets over an important Italian bond auction later in the day.
Metorex, Jinchuan deal clear all hurdles
Metorex confirms its listing on the JSE will be suspended from January 9, following its takeover by China's Jinchuan Group.
China bans creation of new gold exchanges
China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.
Zimbabwe moves to ban raw platinum exports
Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.
China 2012 rare earth quotas unchanged
China will keep rare earth export quotas for 2012 at this year's levels, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing.