MINING.COM

Gold price rises to four-week high ahead of fresh US economic data

Bullion rose 2.2% last week and continued to climb on Monday as the risk of a recession cooled expectations for how sharply the Federal Reserve will raise rates to tame inflation.

Bloomberg News | August 1, 2022 | 1:34 pm

Canadian government sued by environmental groups over 20 oil and gas “sleeper” permits

Exploration permits originally granted off the coast of British Columbia in the late 1960s and 1970s.

Stefan Labbé - Business in Vancouver | August 1, 2022 | 1:20 pm

The view from England: Time to wake up sleepy heads

Mining companies seem to be sleepwalking into a catastrophic shortage of skills.

Chris Hinde | August 1, 2022 | 11:47 am

Globally more is being spent on coal than copper mining

New report shows growing disconnect between rhetoric on energy transition, which requires exponential growth in copper mining, and the realities of going green.

Frik Els | August 1, 2022 | 10:24 am

Tesla inks battery materials deals with two China suppliers

The announcements come as major automakers look to scoop up battery metals in the face of a looming shortage.

Bloomberg News | August 1, 2022 | 10:02 am

Gold investors face bind over bars from tarnished Russia

Some investors want Russian gold off their books but it's not that easy to remove.

Reuters | August 1, 2022 | 9:23 am

From profits to pay, JPMorgan’s gold secrets spill out in court

The trial of JPMorgan’s former head of precious metals has offered unprecedented insights into the trading desk that dominates the global gold market.

Bloomberg News | August 1, 2022 | 9:04 am

Marex to buy ED&F Man Capital Markets for $220m in expansion drive

The two brokers said in early July they had entered into exclusive talks about the transaction, which leaves the LME with one less ring-dealing member.

Reuters | August 1, 2022 | 8:56 am