Gold price drops 2% as Fed official flags more rate hikes
The CME FedWatch tool shows traders are now pricing in a 82.6% chance of a 25 basis-point hike in May.
Latest Stories
LME trial over nickel trading debacle set for June 20-22
US-based Elliott and Jane Street are demanding damages of $456.4 million and $15.34 million, respectively, after price soared to a record above $100,000 on March 8, 2022.
Canada ready to become critical minerals provider, says minister
Canada has critical minerals cooperation agreements with Japan, the US and the European Union.
Mexico’s mining law overhaul could cost $9 billion in coming years, says mining chamber
The head of Mexico's mining chamber issued a stark warning against the proposal, saying it could cost the country up to 420,000 direct jobs.
Teck’s top shareholder backs Glencore takeover
CIC, which holds slightly over 10% of Teck’s Class B shares, says Glencore's bid would allow for a cleaner exit for investors.
Industrial contamination may no longer be contained by Arctic permafrost — study
Industrial legacy buried in the Arctic permafrost or deposited on its surface may no longer be contained by the frozen soil, researchers have found.
Key iron ore port reopens as Australian cyclone moves inland
The key iron ore export hub of Port Hedland reopened after the biggest cyclone to hit Western Australia in at least a decade made landfall.
Lundin’s bid for Chilean copper hints at returning investor optimism
Analysts see Lundin move as an indication that investors may be regaining confidence in the world no.1 copper-producing country.
Four killed in accident at Sibanye-Stillwater gold project in South Africa
Incident took place on Thursday when five contractors were installing a head pulley of the conveyor infrastructure.
