Gold back in vogue with bulls loving faster inflation again
Gold’s recent rally shows that the market doesn’t expect the Fed to do much more to tackle inflation right now.
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BHP gets Australian shareholder support for climate plan
The world's biggest listed miner overcame a protest vote on concerns that some of the long-term plans lacked detail, with Australia-based shareholder proxies voting 86% in favour.
Fortuna’s San Jose silver mine in Mexico faces closure due to expired permit
The possible shutdown is part of a prolonged fight over the project that could chill investor appetite in Mexico, the world's biggest silver producer.
Codelco’s China clients stall on 2022 deals amid copper backwardation
Chinese customers are reluctant to sign up for copper supply in 2022 at the highest premium in seven years.
Ransomware attack on mining operations “almost inevitable,” says cybersecurity expert
“The world’s leading mining companies are now unanimous in reporting that cyber threats are a principal risk to them achieving their goals."
Iron ore price rally is over, prices to follow multi-year downtrend — report
In the longer term, Fitch forecasts prices to decline from an average $155 a tonne in 2021 to $65 a tonne by 2025 and $52 a tonne by 2030.
After copper chaos, LME mulls rules to keep from running out of metal
The London Metal Exchange is considering whether it should sometimes block traders from withdrawing inventory from its warehouses.
The View from England: Fuse lit for American ironworkers
The average American born in 2021 will each need almost 3 million pounds of minerals, metals and fuels in their lifetime.
Guinea’s Nimba iron ore project seen as viable, but export concerns remain
The pre-feasibility study estimated total project development costs at $2.77 billion and direct capital costs for rail and port development in Liberia at more than $600 million.