Gold price rises as US jobs data eases pressure on Fed
“The gold price rose slightly on the news as the data release reduces the risk of faster-than-expected rate hikes going forward," analyst said.
Latest Stories
Dutch aluminum maker Aldel halts remaining production
Company is Netherlands' only producer of primary aluminum.
Andrew Forrest’s hydrogen unit to speed expansion plans
Analysts have raised questions about Fortescue’s spending on the green unit after the miner last month reported a 40% drop in full-year profit.
Novelis excludes Russian aluminum from 2023 supply tender
Existing Novelis contracts that allow for the supply of Russian metal won’t be affected by the new conditions.
South Korea sees ‘betrayal’ in Biden’s electric vehicle push
South Korean Trade Minister Lee Chang-yang will visit the US this month to lobby against the new measures.
Apple’s car is beloved before it even exists
Bloomberg has reported Apple is shooting for a fully autonomous electric car and aims to have one ready around 2025.
Vale-BHP nearly double offer in mine disaster settlement
The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste.
Explainer: Is Chile about to tear up its Pinochet-era constitution?
The proposed new constitution focuses on social rights, the environment and gender equality, a sharp shift from the market-orientated current one.
Mountain Province Diamonds says worker dies at Gahcho Kue mine
The cause of the incident, which happened on Thursday, was unclear and all non-essential work at the mine has been stopped.
