Gold price retreats on Powell’s remarks at Jackson Hole meeting
Gold's decline comes after Powell signalled that the US central bank will likely keep raising interest rates and leave them elevated for a while.
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Oz Minerals vows to double copper production as profit falls
The Australian miner knocked back a takeover bid from BHP Group earlier this month.
Wyloo invests $103m in rare earths developer to fund stake in Neo Performance Materials
Hastings Technology, which hopes to become the world’s next producer of neodymium and praseodymium concentrate used in permanent magnets, will use Wyloo’s funds to acquire a 22.1% stake in Neo Performance.
Chinese copper giant Maike seeks help with liquidity issues
BHP Group is among suppliers that are diverting shipments away from Maike for now.
Bumper mining profits down under defy doom but challenges remain
The soaring profits unveiled by Australian miners this week were a beacon of light amid the gloom dominating economic headlines.
China’s reliance on foreign battery metals poses a challenge – industry
China's output of the main battery cathode materials nearly doubled in 2021.
Northam Platinum posts profit dip as costs surge
Increases in the price of chemicals, steel components, explosives and fuel drove Northam's production costs 18.9% higher.
Codelco lowers 2022 copper production outlook
World’s largest copper producer blaming lower recovery levels and ore grades at the Chuquicamata site, as it also deals with fatal accidents halting some construction works.
Fracking may decrease magnitude of microearthquakes at mining operations – study
New research proposes the idea that hydraulic fracturing may decrease the magnitude of seismic events and microearthquakes at certain mining operations.