Activist investor Elliott builds $1bn stake in Anglo American, source says

Activist fund Elliott has built up a $1-billion position in Anglo American shares, according to a person with knowledge of the situation. Elliot's stake build-up will make it one of the miner's... 

China loses its appetite for Russian coal as import costs rise

China is losing its appetite for Russian coal as import taxes and logistical snarls push Asia’s biggest buyer to cheaper alternatives. Russian exports plunged 22% in the first quarter after... 

China's Q1 gold consumption climbs nearly 6% on safe-haven demand

hina's gold consumption in the first quarter of 2024 climbed by 5.94% from a year earlier on soaring safe-haven demand, the country's Gold Association said on Friday. Bullion consumption in the...