Gold price drops to month-low on rate cut uncertainty
Spot gold went down by as much as 3% to $4,836 per ounce, its lowest since February 17.
Latest Stories
Op-Ed: Copper rally masks smelting power shift
Midstream stress deepens as smelters face collapsing fees and rising concentration risk despite strong copper demand outlook.
Major tropical cyclone threatens mine region in Australia’s north
Cyclone Narelle is expected to bring heavy rain to a swathe of northern Queensland, potentially including Cairns.
New BHP CEO to tackle deals, China exposure and capital discipline
Brandon Craig steps into role with copper strategy intact but under pressure on capital, growth and global ties.
BHP names Brandon Craig as new CEO
Craig will succeed the current CEO Mike Henry on July 1.
UK plans to double steel tariffs, Politico reports
The move, if announced, would bring Britain broadly into line with the European Union and the United States.
US planning first new coal power plant since 2013 in Alaska
Terra Energy Center is pouring $1 billion into deal for a planned coal project.
American Rare Earths’ Cowboy State mine to provide feedstock for DoE research
The company holds the Halleck Creek project in Wyoming, which was ranked in 2023 as one of the world’s top 10 rare earth projects.
Rosatom redirects hafnium supplies from Europe to Asia
Previously, Western markets were the main destination for Russian hafnium exports, with Europe accounting for 95% of shipments.