Saudi Arabia announces $6bn investments in steel complex, EV metals plant
The complex and plant are part of its plans to lure $32 billion of investment into the mining sector.
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Gold price set for third straight weekly drop on Fed rate hike prospects
The dollar index slipped after hitting a 20-year high, making gold less expensive for overseas buyers.
F1 tycoon backed gold deal in at heart of money laundering trial
Formula One mogul Bernie Ecclestone put up millions of dollars to backstop a series of gold transactions that made “no commercial sense,” prosecutors said.
Ramaphosa takes swipe at Sibanye Stillwater after stadium fiasco
South Africa’s President bemoaned the poor state of labor relations after striking gold miners stormed the stage where he was speaking in the city of Rustenburg.
Saudi Arabia to attract investments worth $32 billion in mining, minerals sector
Country is currently studying 145 applications for exploration licenses from foreign companies.
Copper price slips as US dollar hits 20-year high
The Fed on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years.
‘Bad boys’ are back: India doubles down on coal as heatwave worsens power crisis
Country is planning to reopen more than 100 coal mines previously considered financially unsustainable.
Vale scores multi-year nickel supply deal with Tesla
The Brazilian miner will provide Tesla with low-carbon class 1 nickel – part of Vale's strategy of increasing its exposure to the EV industry.
‘The Rock’, a record-setting white diamond, goes up for auction
The 228.31 carat pear-shaped stone roughly the size of a golf ball is expected to sell for up to $30 million.
