Glencore’s Glasenberg says China can’t cool commodities for long
“I think that’s a short-term game because the underlying fundamentals will keep it at these levels,” the Glencore boss says.
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Bonterra shares advance on key resource updates
The M&I and inferred resources for the Gladiator, Barry and Moroy deposits increased 78% and 27%, respectively.
Bulking up battery sector may add billions to Australian economy
Adding more capacity to refine metals into specialist chemicals or materials and building expertise in manufacturing lithium-ion cells or battery packs, would enable the battery industry to contribute about A$7.4 billion to the nation’s economy by 2030.
Gold miners need to get greener to meet 2030 emissions targets — report
Wood Mackenzie plots the forecast progress of gold miners out to 2030 against the reduction in emissions required to align with the 2°C and 1.5°C targets.
Fed’s liquidity circus and gold
While the gold, silver and mining stocks remain ripe for a short-term rally, their medium-term outlook remains extremely treacherous.
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Vizsla’s Napoleon vein hits 898 g/t silver equivalent at Panuco
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Newmont sets GHG limits in first climate strategy report
Newmont has set its 2030 greenhouse gas (GHG) emissions 32% lower for Scope 1 and 2, and a further 30% lower for Scope 3.
Copper price keeps soaring despite China’s attempt to cool rally
The release of state metal reserves is one of a number of attempts by Beijing to cool a stellar rally in commodity prices that has squeezed manufacturers’ margins.