Digital gold firm plans metal leasing for India’s jewelers
World Gold Council-backed SafeGold wants jewelers to be able to borrow metal owned by some of its 14 million active users and sitting idle in vaults.
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Gold price drops as US data signal more aggressive Fed tightening
Bullion earlier fell as much as 1.1% on renewed strength in the US dollar as recession concerns returned.
Sandvik to book charges of $471 million in third quarter
Approximately 600 million crowns of losses stem from Sandvik's wind-down in Russia.
Glencore reviews lead operations at Italian plant due to high power prices
Glencore put zinc sulphide operations at the Portovesme plant on care and maintenance in November 2021, but continued production of zinc recycling and lead.
Rio Tinto starts producing spodumene at Quebec plant
The Quebec plant was commissioned in June and produced its first ton of spodumene concentrate in July.
LME mulling consultation on banning Russian metal
Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.
Top-gaining Asia stock with 1,650% jump is Indonesian miner
Shares of Adaro Minerals Indonesia have surged more than six times the second-best stock on the MSCI Asia Pacific Index.
BC leads all Canadian provinces in EV transition, report shows
Electric Mobility Canada has released a scorecard comparing how Canadian provinces and territories are doing at supporting consumers in their transition to electric vehicles.
Teck eyes spinoff or divestment of Fort Hills oil sands stake
Fort Hills is an open-pit truck and shovel mine, where raw oil sands bitumen is extracted and then upgraded.
