Gold price wavers as traders weigh outlook for Fed tightening path
Investors are assessing how aggressively the Fed can continue hiking rates in the face of mounting risks to growth.
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Aluminum price climbs on supply snags, but grim demand outlook weighs
Around 1 million tonnes of aluminum capacity has been taken offline in Europe.
Chinese nickel trader Lygend readies $1 billion IPO launch
Lygend is the latest producer of battery raw materials to ride on the electric vehicle boom to raise funds in Hong Kong.
Maritime releases positive feasibility study results for Hammerdown gold project
Over an estimated five-year life, the Hammerdown mine would produce a total of 247,000 oz. of gold, averaging 50,000 oz. annually.
Coal stock that’s up 300% gets Morgan Stanley price target boost
Thungela Resources is the best-performing stock in Johannesburg this year.
Polyus issues bonds in Chinese yuan
The move comes weeks after Rusal tapped the yuan bond market on the Moscow Exchange.
Turquoise Hill shares surge after Rio Tinto sweetens takeover bid
Turquoise last week rejected an offer by Rio Tinto for $2.7 billion.
Harmony Gold suspends Tshepong mine project, warns of profit hit
The project was one of several initiatives Harmony was pursuing to maintain annual production above 1.4 million ounces.
New coal-to-product project aims to produce asphalt, building materials
The Center for Carbon Capture and Conversion Is working to decompose Wyoming coal, yielding liquids and solids used to create valuable non-energy products.