Gold price vaults $1,800 – highest since September 2011
Scramble for gold-backed ETFs reaches fever pitch with $40 billion of bullion snapped up so far this year.
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Hundreds of coal companies got $170 million in US virus aid
A total of 449 coal companies received funds through the $669 billion program.
Novagold sues J Capital Research for defamation
JCAP had accused Vancouver-based explorer of “systematically” misleading investors about its Donlin project in Alaska.
Galaxy moves Sal de Vida lithium project to design phase
First production is now expected in the last quarter of 2022.
First Quantum restarts Cobre Panama operations
Company expects to ramp up to full production by mid-August.
Thousands of copper workers have fallen ill in Chile
It’s no coincidence that global copper prices and Chilean covid-19 cases are rising together.
Electric vehicles are starting to buoy the global metals market
The world’s largest producer of lithium is expecting a market turnaround by 2022.
Gates, Bezos-backed firm searching for cobalt in Canada
KoBold aims to create a “Google Maps” of the Earth’s crust, with a special focus on finding cobalt deposits.
Metals production emissions must halve by 2040 – report
Wood Mackenzie says if the steel industry doesn’t comply, it would have to pay $191 billion per year in taxes.
