World’s top gold ETF sees holdings surge in bullish demand sign
SPDR Gold Shares on Friday recorded its biggest net inflow in dollar terms since listing in 2004.
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Going green must include nuclear for EU’s largest copper plant
KGHM, the biggest consumer of Poland’s overwhelmingly coal-based electricity, plans to introduce nuclear power into its energy mix this decade.
K92 Mining expects 34% production growth in 2022
High-margin production is also forecasted in 2022, and the company expects to ramp up exploration activities this year.
Copper price retreats ahead of Fed meeting
Investors will be looking for any clues as to how much the central bank will raise interest rates this year and when it will start.
Ukraine risk roils treasuries to commodities as tensions rise
Shares in MMC Norilsk Nickel PJSC, Russia’s largest miner, declining almost 5.9% in Moscow on Monday.
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Production at Macassa during 2021 totalled 210,192 oz gold, an increase of 15% over the previous year.
Lithium price hits ‘ludicrous mode’ as battery metal extends 400% gain
Chinese lithium carbonate prices rose to a fresh record on Monday, as data showed a 35% month-on-month jump in electric-vehicle registrations in December.
China lets in most of the Australian coal stranded at its ports
Most of the Australian coal used by steelmakers that was being held at Chinese ports in the wake of Beijing’s import ban has now been cleared.
There’s a buying frenzy in cheap and tiny diamonds
A surge in diamond demand that began in the early Covid lockdowns is showing no sign of easing.
