Gold price climbs as weak US jobs data boosts rate pause chances
Latest data suggests that the US labour market was slowing amid mounting risks of a recession.
Latest Stories
Top South Africa fund bets on platinum as power cuts hit miners
Coronation Fund Managers has reduced the Impala Platinum Holdings Ltd. and Northam Platinum Holdings Ltd. shares in its resources fund this year.
BHP’s Xplor looking for more copper, nickel exploration projects
BHP Xplor’s VP Sonia Scarselli says demand-supply equation for other battery metals is not as stretched as that for those two metals.
Lithium shortages could hand salt a starring role in EV shift
Carmakers who faced skyrocketing prices for lithium and other battery metals last year could increasingly adopt sodium-based cells in the future.
Epiroc wins large equipment and automation order from Boliden in Sweden
Deep Automation, Epiroc’s set of automation systems and applications, will be used to automate Boliden’s material handling process.
Carbon capture tests results better than anticipated for Canada Nickel
The process at the Crawford nickel project can store 1.0 million tonnes of carbon annually.
Tonnes of cobalt could be mined in Idaho but processing facilities still lacking — study
Researchers say that although there is potential for cobalt extraction from the Idaho Cobalt Belt, the question of how to process it remains unanswered.
Franco-Nevada grows royalty on Marathon Gold’s Valentine project
Valentine is considered the largest undeveloped gold project in Atlantic Canada and is scheduled to begin production by the first quarter of 2025.
Livista plans German lithium refinery for EV batteries
It initially aims to refine 40,000 tonnes of lithium annually at the plant, or enough for batteries for around 850,000 EVs.
