Fundamentals to drive iron ore price back to $140 by end of 2021 – report
For Capital Economics, market fundamentals, not regulation, point to the iron ore price falling further before the end of 2021.
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Gold: The rainy season is coming
Taking into consideration that the general stock market has probably just topped, and the USD Index is about to rally, then gold is likely to slide for the final time in the following weeks/months.
Iron ore price slides as China vows to look into “abnormal transactions”
China steel futures hit their lowest since March 24.
British Columbia miners urge government to ‘level the playing field’ on carbon tax
BC’s onerous carbon tax hinders the mining industry’s international competitivity, says MABC CEO.
Copper price rises as looming strikes in Chile add to supply worries
A union representing workers at BHP’s Escondida and Spence mines has rejected the company’s contract offer and called on members to walk off the job starting Thursday.
Biden’s EV metals import plan unlikely to match climate goals
The approach is deeply naive and very dangerous to the United States supply chain for electric vehicles, one executive said.
Gold price tops $1,900 for first time since early January
Investor holdings of bullion-backed ETFs have risen in 12 of the past 13 sessions.
In green copper race, Chile uses blockchain to tout credentials
The country’s electricity coordinator has started a program to track each megawatt hour of renewable power from when it’s generated until it’s consumed.
Kenorland drills 5.7 metres of 90.6 g/t gold at Frotet in Quebec
The recently listed junior made the grassroots Regnault discovery at the Frotet project last year.