Australia’s coal state reverses plan to close power plants
The move comes as global coal consumption rises to a record year after year.
Latest Stories
Wheaton Precious Metals CEO says gold will hit over $5,000
Randy Smallwood’s bullish outlook comes after spot gold hit fresh records this week.
Vietnam frees its gold market but shoppers pause as prices dip
The shoppers may be slow to come but early signs of the monopoly’s end were evident.
Eroding trust in US dollar behind gold, silver and copper price rally, says TD Securities
Surging metals prices reflect a deeper crisis of confidence as investors flee the dollar and seek safety in hard assets.
Turkey’s $500 billion gold hoard complicates inflation fight
Surging bullion prices have created a wealth effect of more than $100 billion over the past year, its central bank governor said.
Copper price tumbles as Trump threatens massive new tariffs on China
Prices slid more than 4% below $10,400 a ton on the London Metal Exchange.
LME considers amending warehousing storage rules
One option would be to stipulate percentages of metal that would have to leave the warehouse, or be loaded out.
Nova Minerals secures land for Alaska antimony refinery
Nova was awarded $43.4 million by the US Department of War to support this project.
Codelco lifts El Teniente loss estimate, copper output target intact
The July accident at El Teniente, Codelco's most profitable mine, will reduce its output by 48,000 metric tons this year.
