Goldman says ‘buy commodities now, worry about recession later’
“Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” bank analysts said.
Latest Stories
China-linked bots attacking rare earths producer ‘every day’
Fake social media accounts linked to the Chinese Communist Party are posting daily attacks on Lynas Rare Earths, according to the company.
Column: China steel sector turning the corner as demand, margins improve
Steel mills have been signaling that production is likely to rise in September, writes Clyde Russell.
Fortescue posts 40% profit drop on weak iron ore prices, China slowdown
Miners have taken a hit from iron ore prices retreating from highs in 2021.
Mining tycoon Steinmetz seeks to topple bribery conviction
Steinmetz, 66, was convicted in January 2021 of bribing public officials in Guinea to secure the concession for the vast Simandou iron ore project.
MinRes greenlights $2.1 billion Onslow iron ore project in Western Australia
Decision to build the project and associated port will open up a major new iron ore area in the Pilbara.
Gold mine plays key role in proving dark matter’s existence
Researchers working at the Stawell gold mine want to figure out whether dark matter actually exists.
Colombia abandons plan to tax gold exports
The government has scrapped plans to introduce a 10% export tax on gold as part of the tax reform bill submitted by President Gustavo Petro in early August.
Former Rio Tinto Bougainville copper mine poses flood risk – report
Due to the urgent nature of the threat, a rapid risk assessment will begin led by global environmental firm Tetra Tech Coffey, which prepared the report.
