Explained: How interest rate hikes affect gold’s price
While rising interest rates bring macroeconomic headwinds for equity valuations, gold has had a special relationship with interest rates in recent hikes.
Latest Stories
Cobalt powerhouse doubles down on nickel
Umicore says the burgeoning electric-vehicle industry is switching to high-nickel batteries far faster than expected.
China scientists discover huge lithium deposit in Everest region
The hard-rock resource has the potential to host the third-biggest mine of its kind in China, according to ScienceNet.cn.
Aurubis CEO upbeat as metals demand, prices high
Aurubis posted an 85% rise in quarterly profits and reiterated increased 2021/22 earnings estimates.
First Quantum hopes for speedy Cobre Panama contract renewal
The document, which has yet to be approved by Congress, will see First Quantum pay $375 million a year plus a royalty of 12% to 16% of the mine's gross profits.
FLSmidth expects higher 2022 sales, driven by green transition
"The outlook for the mining industry remains positive," the company said in a statement.
Teck piloting all-electric haul truck
Company to trial all-electric haul truck between Highland Valley copper mine, Ashcroft.
Ontario funds mental health training, resources for mining workers
The strategy aims to help workplaces comply with workplace health and safety laws and standards to keep workers safe, focusing on occupational illnesses, employee mental health, workplace violence, and harassment.
‘Endangered metals’ no longer needed to produce hydrogen from water
Japanese scientists found a way to use cobalt and manganese to produce hydrogen for fuel cells and agricultural fertilizers.
