Houston, we have a stagflation problem. Now it’s time for gold!
Experts from the World Bank finally admitted that the risk of stagflation is getting bigger and more real.
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Gold price wanes in run-up to US inflation data release
Meanwhile, US Treasury yields rose and the dollar firmed, both dimming the appeal of gold.
Hedge funds stand back to let Elliott do battle with LME
It’s not just moral outrage that’s driving the solidarity among hedge funds. It’s also self interest.
Aluminum mood turns bearish at top North American conference
The aluminum industry’s best days might be in the rear view mirror.
Copper price slips after new China lockdowns
Entertainment venues and internet cafes in Beijing's largest district of Chaoyang were ordered to be shut on Thursday.
Syrah Resources suspends movement on key route after attacks in northern Mozambique
The company said mining and processing operations at the graphite project in the south African nation remain uninterrupted.
Afromet exits Zimbabwe platinum mine project
The Darwendale project was expected to become the biggest mining venture in the country
Six people killed in Congo diamond mine cave-in
Workers had been tunnelling underground at a mine near the provincial capital Tshikapa when an accident occurred.
China’s appetite for commodities sapped by virus, surging prices
The renewed lockdown of one district in Shanghai has raised concerns that a full reopening of the financial center could be delayed.