Gold price holds 2-month high ahead of Fed announcement
“Gold is simply becoming a Fed policy mistake hedge,” one analyst said.
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Osisko confirms new high-grade zone at Golden Bear
Osisko says the new zone displays silica alteration and pyrite with visible gold, similar to the Lynx zones at Windfall.
Vale accuses Steinmetz of ‘elaborate’ fraud in Simandou deal
More than a decade after Vale agreed to pay Steinmetz $2.5 billion for a chunk of the world’s biggest iron-ore deposit, the pair are about to lock horns in a London court.
Chile’s constitution drafters want to annul mining concessions on indigenous lands
Proposal to suspend Chilean mining and forestry concessions that infringe on indigenous land was approved.
Epiroc’s Q4 profit rises in line with expectations
Company expects demand, both for equipment and aftermarket, to remain high in the near term.
Harmony Gold cuts output forecast
The company estimated its South African operations would meet their output and cost of production guidance, however.
Fresnillo cuts production targets on Omicron labour shortage
The miner said labour absences fuelled by the latest covid-19 variant would have a greater impact on production than anticipated.
Japanese researchers develop high energy density lithium-air battery
Scientists believe the devices have the potential to be the ultimate rechargeable batteries, with theoretical energy densities several times that of currently available lithium-ion batteries.
Rising copper prices boost Freeport-McMoRan profit
Prices of copper, considered to be an economic bellwether, rose by a quarter last year and are expected to continue their positive momentum in 2022 due to the metal's central role in the energy transition.
