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%.

September 21, 2022

California regulator sees 2035 EV mandate as ‘sweet spot’

State was not aggressive as some environmental groups wanted, or Tesla, which urged ending new gas-powered vehicles by 2030.

September 20, 2022

Rio Tinto CEO says copper outlook ‘challenged’ in near term

Copper prices are down more than 20% this year as covid-related shutdowns in China, surging power prices in Europe and ongoing inflation in the U.S. and elsewhere hurt demand.

September 20, 2022

Tesla battery fire at PG&E site shuts iconic California highway

California’s largest utility said the fire involved a single Tesla Megapack, and it was working with firefighters to keep the blaze from spreading.