Euphoric dollar vexing gold
The euphoric US dollar’s epic parabolic surge over this past half-year continues to sorely vex gold.
Latest Stories
ISS sides with top Turquoise Hill investors in dismissing Rio takeover
ISS recommended Turquoise Hill shareholders vote against Rio’s cash offer to acquire 49% of the stock it doesn’t own for C$43 a share, the firm said.
Gold price rebounds on expectations of Fed rate hike peaking soon
“Gold is staging a comeback as expectations grow that this next 75 basis-point hike will be the last major one,” analyst said.
Iron ore price rises on hopes of easing covid restrictions in China
The World Steel Association has projected a 2.3% contraction in global steel demand this year.
LME Week: cocktails, canapés and crises
Trading volumes have been sliding sharply since the nickel blow-out in March and there's lingering uncertainty as to the future of the exchange's iconic open outcry trading ring, writes Andy Home.
Copper faces long-term shortage as demand outruns supply
BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.
DRC improves extractive sector transparency but more needed – anti-graft body
The DRC has published around 200 contracts and related documents in the last two years.
BHP chief executive cautiously optimistic about China’s economic growth
The International Monetary Fund forecasts China's GDP will expand by just 3.2% this year, down from 8.1% growth in 2021.
Rio Tinto board needs mining skills, geographical diversity – chairman
The seven independent directors on the board of the mining giant have mostly experience in finance, capital markets, law, and oil and gas.
