White House defends Biden end-of-coal remark Manchin derided
Biden’s comments “have been twisted to suggest a meaning that was not intended,” the White House said.
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Two South Korean miners rescued from collapsed mine after nine days
Local fire authorities said the two miners walked out of the underground mine that had collapsed after a landslide on Oct. 26.
Buying conflict-free tin and coltan out of Congo just got harder
The Responsible Minerals Initiative said this week that its auditing process won’t recognize the findings of the International Tin Supply Chain Initiative without companies doing extra due diligence on the source of their minerals.
Fed dollar/gold shock ending
After hiking an astounding 375 basis points in just six FOMC meetings, Fed officials are running out of room to keep going.
Friday feeding frenzy for mining stocks
Mining stocks in monster rally as copper price surges 8% and gold price climbs nearly $50 an ounce.
India’s massive silver demand cutting world’s warehouse stocks
Indian silver consumption is forecast to surge by around 80% to a record this year.
Musk says Tesla has never contemplated investing in Glencore
The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in Glencore, but the discussions ended with no deal reached.
Copper price back above $8,000 on China reopening hopes
A former Chinese disease control official on Friday said that China will soon make substantial changes to its covid-19 policy.
Gold price rises on mixed signal from US jobs data
Chair Jerome Powell signaled less aggressive tightening could be appropriate going forward.
