September 22, 2022

US gathers resource-rich nations to push minerals security pact

The initiative, launched in June, is designed to funnel investment toward developing countries with mining projects that adhere to stricter environmental, social and governance standards.

September 22, 2022

Moody’s downgrades mining sector outlook to negative

Forecast reflects expectations that aggregate EBITDA will contract for the largest Moody's-rated metals and mining companies.

September 22, 2022

Copper price rebounds on weaker dollar

The dollar index dropped after Japan intervened in the currency market to shore up the battered yen for the first time since 1998. 

September 22, 2022

Gold price wavers after Japan intervention, central banks’ rate hikes

The Fed’s rate hikes this year have weighed on bullion, with spot prices down 8.6%.

September 22, 2022

Researchers working on smart drone capable of preventing tailings dams failures

US-based engineers are developing new technologies to detect and prevent potential failures of coal waste storage facilities.

September 22, 2022

General Motors invests in Canadian lithium-ion battery recycler

Move creates a partnership between the companies to pursue a circular battery ecosystem using Lithion's technology.

September 21, 2022

Gold price rises as Fed rate hike comes in as expected

Gold prices rose after the US Federal Reserve raised interest rates by 75 basis points for a third straight time.

September 21, 2022

Top gold CEOs say soaring costs will hobble mining industry into 2023

“We’re in a very volatile economic environment at the moment,” Newmont CEO Tom Palmer said in an interview.

September 21, 2022

Iron ore price falls to two-week low on caution ahead of Fed rate action

The Fed is widely expected to hike rates further by 75 basis points later in the day to tackle high inflation.

September 21, 2022

More than half of US car sales will be electric by 2030

In 2021, electric vehicles accounted for less than 5% of sales in the US, below the global rate of nearly 9%.