Gold price touches new 2-year low after parade of rate hikes
Gold's decline comes on the back of a rallying US dollar, which touched a 20-year high.
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Copper price falls to lowest in 2 months on rising interest rates
"Now copper has broken below $7,475 a tonne, traders will be eyeing the $6,955 20-month low touched on July 15," said Saxo Bank head of commodity strategy Ole Hansen.
Baffinland gets nod from Nunavut board to extend Mary River operation until year-end
The decision could save more than 1,100 jobs. Northern Affairs Minister Dan Vandal, however, has the final word.
OZ Minerals gives green light to $1.1 billion copper project
The approval comes a week after people familiar with the matter said OZ Minerals was seeking about A$10 billion in a potential sale to BHP.
Joe Biden’s climate bill has the US battery industry revved up
The US is still dependent on China for minerals to feed its nascent battery manufacturing efforts.
China may find it hard to cool lithium’s price rally this time around
Scorching gains for lithium threaten to push costs even higher for Chinese battery makers.
Glencore buys Newmont’s stake in Argentina copper-gold project
Gold Fields takeover target Yamana Gold continues to own 56.25% and remains the operator of the MARA copper-gold project.
Rare-earth metals get the sparkler party started
German researchers say rare-earth metals in alloy powders can be used to produce flashes that shift from golden to green and continuously branch.
Sierra Metals halts 2022 production and finance guidance on Peru mine blockade
Operations at the company's Yauricocha mine remain suspended as residents from a nearby town have blocked access to the site.