Gold price climbs on cooling US inflation, weaker retail numbers
Bullion has remained strong despite the anticipated timing of the Fed’s pivot being pushed back.
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Red Pine plans new resource, downplays alleged assay fraud at Ontario gold project
Drill results appear to have been manipulated since Red Pine acquired the Wawa gold project in 2014.
Trafigura, IXM caught in Comex copper short squeeze as prices hit record
US Comex copper May futures hit a record peak of $5.18 a lb.
Iron ore price slides as prospects of softening demand, Biden’s new China tariff weigh
US President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports.
Coal India, NMDC exploring lithium mines overseas
The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas.
EU to call for mineral projects, eyes joint purchases
The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies.
Gold-infused sensor effectively detects presence of fentanyl
A new sensor that relies on carbon nanotubes and gold nanoparticles can detect even small amounts of fentanyl.
Vale Indonesia granted mining permit extension to 2035
Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.
Lucapa to sell majority stake in Lesotho diamond mine
The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho.
