LME CEO backtracks on exit after nickel chaos
Matthew Chamberlain will stay in his role after all instead of leaving to run a crypto startup, as the bourse deals with the ongoing fallout from March’s nickel crisis.
Latest Stories
Inflation, the USDX, real yields: The doom trio hangs over gold
Despite the reality check, investors keep up their buying spree.
China will be poster child for developing countries MMT
Modern Monetary Theory, or MMT, posits that rather than obsessing about how large a country’s debt has grown, and the ongoing annual […]
The world’s first ETP betting on both bitcoin and gold is here
The first ever exchange-traded product combining Bitcoin and gold has launched in Europe.
Gold price slumps to two-month low as US dollar rallies
The dollar index charged to its highest level since January 2017.
Strong copper, coal prices power Teck Resources’ profit beat
Canada’s largest diversified miner beat market estimates for quarterly profit on the back of higher copper and coking coal prices.
Aluminum price rebounds on China infrastructure push, low inventories
President Xi Jinping on Wednesday called for all-out efforts to spur infrastructure spending.
Iron man Elon Musk places his Tesla battery bets
Nearly half of the vehicles Tesla produced in Q1 were equipped with LFP batteries - a cheaper rival to the nickel-and-cobalt-based cells that dominate in the West.
Epiroc to use fossil-free steel for mining equipment
Epiroc is starting a partnership with steelmaker SSAB to secure fossil-free steel for use in the production of Epiroc’s mining equipment.
