Gold investors wavering
Without enough upside momentum to chase, investors have been selling gold on balance since soon after the FOMC.
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Home: Aluminum producers struggle to respond to higher prices
Global aluminum production growth ground to a halt in the second quarter of this year even as prices rallied to multi-year highs.
Rerating: Top 50 mining companies double in value from covid low
MINING.COM’s ranking of the world’s 50 most valuable mining stocks marched to a new high of $1.47 trillion at the end of the second quarter.
Harte Gold stock jumps on new discovery near Sugar Zone mine
Channel sampling at the new discovery is underway, with initial results showing anomalous gold values of up to 4.4 g/t Au.
Great Barrier reef not granted endangered status after Australia lobbied against it
Australia’s pro-fossil fuel government has rejected demands for tougher action on reef preservation, insisting it is already making improvements through a A$3 billion ($2.2 billion) investment program.
EV startup Lucid risks SPAC deal collapse on no-show holders
Lucid Motors is on the verge of completing a merger that will give the Saudi-owned EV startup $4.5 billion in fresh capital.
China iron ore price sees worst week in 17 months on steel curbs
China has stepped up efforts to reduce output of the construction and manufacturing material in line with its carbon emission reduction goals.
Tight battery market is next test for EVs after chip crisis
Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers, according to a key Chinese manufacturer.
Brazil prosecutors target final Samarco dam settlement this year
A settlement would replace a giant lawsuit, removing a considerable legal overhang for Samarco and its shareholders.
