In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
The Kumtor Gold Company (KGC) says the nationalized Kumtor gold mine in Kyrgyzstan had exceeded production guidance for 2021. Under the new external management, which took over the asset when…
Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF) has signed a battery recycling and cobalt sulphate supply agreement with Japanese conglomerate Marubeni. The two have signed a memorandum of understanding that…
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…
The world’s largest uranium producer, Kazatomprom, remains unaffected by the ongoing turmoil in the Central Asian state of Kazakhstan, Reuters reported the Kazakh producer as saying. “Uranium mining is going…
Following on the heels of record-setting tin prices in 2021, the price outlook for 2022 is slightly softer as continued demand growth spurs increased investment to bolster metal supply, says…
Commodity researcher Global Palladium Fund forecasts a global nickel surplus of 59,000 tonnes in 2022. The analyst expects the surplus to be concentrated in low-grade nickel pig iron (NPI) and…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has picked outgoing Canadian ambassador to China and veteran management consultant Dominic Barton to lead its board as the miner tries to…
Global coal-fired power generation is expected to rise 9% and hit an all-time high by the end of 2021, despite efforts to slash carbon emissions, the International Energy Agency said…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will cancel a US$2.3 billion debt owed by Mongolia as part of the government’s share of the development costs for the giant…
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…
Turquoise Hill Resources (TSX, NYSE: TRQ) has approved a bridging budget of US$75 million that allows the parties involved in the vast Oyu Tolgoi copper-gold mine in Mongolia to progress the…
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