Gold price to rebound when Fed pivots, FS Investments’ Gayeski says
The FS Chiron Capital Allocation Fund’s exposure to bullion may rise from 4% once the Fed begins to ease aggressively, said Troy Gayeski.
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Chile dictates measures against Lundin Mining for giant sinkhole
The SMA ordered six "urgent and transitory" measures while it continues to investigate causes that generated the sinkhole that measures 36.5 meters.
Gold price slips with rising yields as traders weigh data, Fed hiking
Data Tuesday showed a bigger-than-expected drop in US home construction, while production at US factories increased in July for the first time in three months.
Graphite in EV batteries creates conundrum under US climate bill
Graphite, which is mostly produced in China, may cause issues.
Chile investigates collapse at Antofagasta Minerals mining project
Environmental regulators have launched an investigation after tidal waves caused the collapse of a construction platform at Los Pelambres.
Cost inflation hit miners’ Q2 results but might signal an attractive buyback chance, says BMO
Many miners have raised their unit cost guidance during their June-quarter financial reporting, signalling an intensification of a trend picked up on during the first quarter.
Pure Gold management faces the music following ‘torturous’ Q2 report
Pure Gold said output fell during the second quarter due in part to cash-preservation measures taken by the company while negotiating financing agreements.
In northern Chile, miners ask government to curb crime, robberies
The local mining industry has for years reported the theft of goods such as copper by organized gangs.
Why BHP reckons China’s economy is poised to improve
China’s infrastructure and automotive sectors are “already responding to policy support,” although a rebound in housing activity is expected to take longer, the producer said.
