Gold investors ignore Fed
Gold investors have ignored their metal’s sharp plunge following last week’s hawkish FOMC surprise so far.
Latest Stories
Western Australia’s miners call for inquiry over reported sexual assaults
Mining companies with operations in the state back call for a parliamentary inquiry into climbing sexual assault and harassment allegations in the workplace.
Iron ore price rises while Fitch sees weaker consumption capping gains in H2
"Improvement in supply and weaker consumption by downstream players at current high prices are expected to cap gains," says Fitch.
Finlay Minerals stock jumps on upsized private placement
Crescat Capital said it intends to make a strategic investment in the company.
Cameroon to build railway to Mbalam-Nabeba project with China-linked firms
Sundance Resources has filed for international arbitration saying Cameroon and Congo Republic have violated contracts by developing the iron project with Chinese investors.
Russia prepares to hit metals firms with $2.3bn in export taxes
Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.
Zimbabwe mining CEO to quit, putting economy reboot in doubt
David Brown intends to step down, jeopardising the future of the company the government hopes will spur an economic revival.
Caterpillar, steelmakers gain as Biden deal ups demand view
Heavy-equipment maker and steelmakers surged as US president’s bipartisan $579 billion infrastructure deal buoyed the outlook for demand.
Long-duration thermal battery developed to move remote mine sites away from diesel
MIT spinoff 247Solar developed a battery that uses silica sand and electric resistance coils to generate ultra-high temperature heat from clean energy sources.
