Gold price nearing $2,000/oz as Middle East turmoil feeds safe haven demand
Since the onset of the Hamas-Israel conflict, bullion has added nearly $200 an ounce.
Latest Stories
China’s state reserve expected to buy 3,100t of cobalt – sources
Five major cobalt suppliers attended meetings held in Beijing this week to discuss prices and volumes of the purchases.
Boliden’s profit falls as lower prices, grades weigh
Shares in the group fell 29% year-to-date.
EU, US could agree on critical minerals despite steel failure, says France
The European Union and the United States could reach a deal on critical minerals over the coming weeks or months.
China to tighten exports of key battery material graphite
The world's top producer will require export permits for some products from December 1 to protect national security.
Japan’s JFE Steel eyes stake in Teck’s coal business – sources
JFE Steel holds 15% equity in India's JSW Steel, which was also exploring an investment in Teck's coal business.
Brazil’s J&F to invest more than $1 billion in mining assets bought from Vale
Since taking over the mines, J&F has managed to double its 2021 production to 4 million tons of ore.
Rio Tinto, Aboriginal group sign first solar deal for WA iron ore region
The project in Western Australia's Pilbara district comes as part of Rio's $3 billion plan to decarbonize its iron ore business.
Ionic wins licence to mine rare earths in Uganda
The Makuutu project has a geology similar to southern China's clay-type deposits, the cheapest and most accessible source of heavy REEs.
