Gold price holds near 5-month high as inflation pressures remain
Analysts at UBS see risks of further strength in CPI in early 2022, which "could stoke even stronger demand for gold."
Latest Stories
All eyes on China as LME copper spreads collapse
Bears and bulls are waiting to see what happens next to LME stock levels, which means that right now everyone's looking at China, writes Andy Home.
India’s coal demand likely to grow in absolute terms, phasing out difficult
Phasing out coal could have severe repercussions on the livelihoods of many Indians, government sources said.
Billionaire Agarwal looks to restructure Vedanta to unlock value
The latest plan to restructure the Mumbai-listed commodities major comes a year after Agarwal’s efforts to take the company private failed.
Metals from aluminum to zinc are all flashing tight supply right now
From aluminum to zinc, spot prices for base metals on the London Metal Exchange are all soaring above futures.
Russia to review coal plans, mull carbon tax after Glasgow
The government plans to start discussions with businesses on the outlines of carbon regulations, possibly including a tax.
Zijin Mining to produce copper at Buritica gold mine
China’s No.1 gold producer plans to boost the capacity of its Colombian gold mine to produce copper and zinc.
Extracting rare earths from fertilizer byproduct may soon be a reality
US-based researchers estimate that 200,000 tons of rare earth elements are trapped in unprocessed phosphogypsum waste in Florida alone.
BHP sees need for battery metals more than doubling in 30 years
The world’s no. 1 miner says copper output will need to double and nickel tripled in 30 years to reach decarbonization goals.
