A global frenzy for precious metals has provoked extreme measures in China’s investment landscape, with the country’s only pure-play silver fund turning away new customers after its repeated risk warnings went unheeded.

The Australian resources sector is poised for sustained strength in 2025, underpinned by robust export volumes and a strong pipeline of projects despite global commodity price pressures.

Gold prices are set to rise more slowly in 2025 after a record-breaking run this year, according to the World Gold Council.

Copper concentrate exports from Freeport-McMoRan’s unit in Indonesia will ease global shortages, but probably only briefly and if the Indonesian government allows them, industry sources said.

Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel market outlook, although fresh stimulus measures by top consumer China for its property sector limited the losses.

Zinc surged to a 20-month intraday high as major producer Teck Resources Ltd. lowered output targets following a fire at its Canadian smelter, stoking anxiety about supply after a string of mine disruptions. Three-month futures jumped as much as 4.5% to $3,284 a ton on the London Metal Exchange. Teck said refined zinc production this...

Eramet used available liquidity for the $699 million purchase of Tsingshan’s 49.9% stake, it said. The Centenario project, due to start production in the coming weeks, was attractive despite a drop in lithium prices and full ownership would let Eramet decide how to pursue a planned second production facility, Chair and CEO Christel Bories told...

China’s significant stimulus measures have kicked the prices of key metals higher, and the gains have largely been sustained even amid a debate as to whether Beijing has actually done enough to boost the world’s second-biggest economy.

Geopolitical tensions, uncertainty created by the upcoming US Presidential election and prospective interest rate cuts look set to help power gold prices, already at records above $2,500 an ounce, to even loftier levels.

A strike at mining giant BHP’s huge Escondida mine in Chile entered its third day on Thursday, bolstering global copper prices as an ongoing standoff between the company and workers starts to spread worries about supply of the red metal.