Gold wars: revenge of supply and inflation
One could expect that gold would perform better last year amid all the supply problems and a surge in inflation.
Latest Stories
Nickel price rally to run out of steam as supplies ramp up
Nickel prices touched $22,935 a tonne on Friday, the highest since 2011.
Amerigo Resources beats copper guidance, shares up
In 2021, MVC produced a total of 63.4 mlb of copper at a cash cost of $1.75 per/lb.
Global sustainable debt issuance matched Canada’s GDP in 2021 – report
Data compiled by BloombergNEF show that the volumes of sustainable debt surpassed $1.6 trillion in 2021 alone.
Mining People: American CuMo, FPX Nickel, Iamgold, Nouveau Monde, Western Copper and Gold
Key moves in the mining ssector.
IEA says Canada can be a key global oil supplier if emissions promises kept
Prime Minister Justin Trudeau's Liberal government has pledged to cut carbon output 40% to 45% below 2005 levels by 2030 and reach net-zero emissions by 2050.
Sibanye-Stillwater faces strike at South Africa gold mines
Unions have been cleared to give the company notice of a strike following failed wage talks for gold mine workers.
Iron ore price down on demand uncertainties
China’s iron ore imports dropped in 2021, down 4.3% from the previous year’s record annual high, as steel production curbs dented demand.
Hitachi to sell half its digger unit stake for $1.6 billion
The deal will help Hitachi Construction develop an independent distribution and service network for its products in North America.
