September 22, 2022

Copper price rebounds on weaker dollar

The dollar index dropped after Japan intervened in the currency market to shore up the battered yen for the first time since 1998. 

September 22, 2022

Chinese gold fetches huge premium as demand improves

Benchmark prices in Shanghai have climbed to a premium of more than $43 an ounce over their London equivalent, the highest since 2019.

September 22, 2022

Gold price wavers after Japan intervention, central banks’ rate hikes

The Fed’s rate hikes this year have weighed on bullion, with spot prices down 8.6%.

September 22, 2022

Polymetal shares down as gold miner scraps final dividend

Company has not been directly targeted by Western sanctions imposed on Moscow since it sent thousands of troops to Ukraine in February.

September 21, 2022

Gold price rises as Fed rate hike comes in as expected

Gold prices rose after the US Federal Reserve raised interest rates by 75 basis points for a third straight time.

September 21, 2022

Top gold CEOs say soaring costs will hobble mining industry into 2023

“We’re in a very volatile economic environment at the moment,” Newmont CEO Tom Palmer said in an interview.

September 21, 2022

Iron ore price falls to two-week low on caution ahead of Fed rate action

The Fed is widely expected to hike rates further by 75 basis points later in the day to tackle high inflation.

September 21, 2022

LME says no sign of metal offloading after report about Rusal

Bloomberg News reported that Russia's Rusal was working on a plan to deliver its aluminium to LME facilities.

September 21, 2022

Teck says Elkview outage to cost 1.5 million tonnes in coal production

The Elkview steelmaking coal mine will remain halted for one to two months due to a structural failure of the plant feed conveyor belt.

September 20, 2022

Gold Fields confident investors will back $7 billion Yamana deal

“There hasn’t been a major exodus of our top shareholders,” CEO Chris Griffith says.