September 20, 2024

Gold price breaks $2,600 barrier as Fed cut bets prolong historic run

Prices have climbed 27% in 2024, their biggest annual rise since 2010.

September 20, 2024

Buy bonds and gold as bubble risk returns, BofA strategist says

It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note.

September 20, 2024

Copper price sees strong week with boost from Fed, China demand

Base metals sank to multi-month lows in August amid disappointment over Chinese demand and a cloudy outlook for the global economy.

September 20, 2024

Gold investors see gains in rate-cut era from ETFs, haven buying

A months-long surge that has seen gold break successive records is drawing in more followers.

September 20, 2024

Standard Lithium shares rise after being selected for $225m award negotiation by DOE

The funding is intended to support the construction of the central processing facility for Phase 1 of the South West Arkansas project.

September 20, 2024

South32’s Arizona manganese plant tapped for $166m US government grant

The DOE funding would provide 30% of the cost of its proposed manganese production facility, said the Australian miner.

September 20, 2024

Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal

Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories.

September 20, 2024

US to award $3 billion to 25 projects for battery manufacturing sector

Move will increase domestic production of advanced batteries and battery materials to shift their production away from China.

September 19, 2024

A copper M&A frenzy masks big miners’ hesitation to build

Copper’s bull narrative is well understood, but building from zero is both worryingly risky and unappealingly pricey.

September 19, 2024

Gold Reserve drops out of US bidding for shares in Citgo parent

Houston-based Citgo is the crown jewel of Venezuela's companies overseas.