Gold price falls as Powell testimony lifts dollar
Gold had already retreated from Friday’s strong close, but so far Powell is more direct and aggressive than market had anticipated, analyst says.
Latest Stories
Peru to unleash stranded copper with roadblocks largely cleared
Peru expects shipments of commodities will begin to normalize within days as the nation’s worst street protests in decades ease.
Argentina moves to stop wetlands bill from foiling lithium boom
The country has been working on legislation to protect its wetlands amid sprawling fires often blamed on farmers.
Tesla, GM follow own shareholders with push into lithium miners
Investors and car makers continue to bet on lithium miners, wagering that a shift toward EVs will become a permanent trend.
Major copper producers unveil plan to reach net zero emissions by 2050
The International Copper Association's (ICA) roadmap has set a target for members to cut emissions by 30% to 40% by 2030.
Lynas gets $134 million funding from Japan to boost output
Under the new deal, Japan will receive priority supply rights over Lynas's growth capacity until 2038.
CIM and Rio Tinto partner to advance mining industry innovation in Canada
Aim is to expand awareness of the essential contribution mining makes to society while serving as an incubator for innovation and advancement in ESG practices.
Scientists work on solid-state battery that uses fewer ‘problem’ metals
Researchers have developed a new strategy to build solid-state batteries that are less dependent on specific chemical elements, particularly expensive metals with supply chain issues.
Fresnillo halves dividend as inflation hits profit
The world’s top silver producer and Mexico’s largest gold miner declared a dividend of 13.3 cents per share, down 51% from a year prior.
