Dovish to hawkish Fed: sounds bearish for gold
With a more hawkish Fed disposition, non-commercial traders remaining dollar-strong, and the EUR/USD sinking, it doesn’t bode well for the metals.
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Denison makes equity offering to support Wheeler FS work
The company is making an at-the-market equity offering of C$50 million.
Rio Tinto may eventually process critical minerals, CEO says
The company is currently figuring out ways to extract up to ten so-called critical minerals from copper waste at its mining facility in Utah.
Silver price drops to lowest in a year against stronger dollar
Silver is now headed for its worst month in a year, while gold is on course for its biggest monthly drop since June.
Canada’s export agency expresses interest in Lake Resources’ Kachi lithium project
The inclusion of the Canadian agency would not increase the level of potential project financing for the project in Argentina.
Australia will need to wean itself off iron ore export reliance
Prices of iron ore are set to average below $100/t next year, state department says.
Jewelers sell $1 gold online as Indians warm up to internet buys
The jewelers have launched the offers just as the festive season begins in India, when gold demand peaks.
Iron ore price up despite falling steel demand
Downstream consumption for stainless steel has been constrained in China, especially in Guangdong province.
‘Very tight’ copper belies market turmoil, industry leader says
Prices for the bellwether commodity this year will average more than $4 a pound, said Diego Hernandez, head of Chilean mining society Sonami.
