Gold price bound for worst quarter in five, pressured by central banks’ hawkish rhetoric
“Gold is ending lower this quarter due to the tighter Federal Reserve policy suggestions," analyst said.
Latest Stories
Four charts reveal seismic shifts in global energy within one lifetime
Wind, solar, geothermal, biomass, and small hydropower are now 13% of global power generation.
Supreme Court curbs EPA’s climate authority in blow to Biden
A deeply divided US Supreme Court restricted the Environmental Protection Agency’s authority to curb greenhouse gases from power plants.
Top African fund manager is key to platinum takeover battle
Impala Platinum Holdings said Africa’s biggest fund manager must make a decision over what to do with its Royal Bafokeng Platinum Ltd. stake
Metals set for worst quarter since 2008 on global downturn angst
The London Metal Exchange Index has tumbled 23% since the end of March.
California lithium tax would delay shipments to automakers, executives warn
The brewing tension comes as America's largest state is trying to position itself as a leader in the green energy revolution.
Copper price heads for biggest quarterly plunge since 2011
"We still see metals falling as a recession in the US is fully priced in," said Commerzbank analyst.
Czech coal miner OKD extends production until at least end-2023
The Czech Republic's only hard-coal miner is looking at prolonging operations until 2025 amid Europe's energy crisis.
Huayou to explore Zimbabwe lithium plant ‘when conditions are right’
China's biggest cobalt refiner acquired the hard-rock Arcadia lithium mine, just outside the capital Harare, for $422 million earlier this year.
