June 17, 2022

US coal plants’ fate hinges on June power-price auction

Suppliers to the grid stretching from New Jersey to Illinois will find out on June 21 whether their bids to provide backup capacity for the year starting June 2023 passed…

June 17, 2022

Gold price heads for weekly decline following central bank rate hikes

Gold is giving up some gains after Thursday’s big move due to a rise in the dollar.

June 17, 2022

Friedland’s Ivanhoe Electric seeks as much as $180 million in IPO

The stock is expected to trade on NYSE America and on Canada’s Toronto Stock Exchange.

June 17, 2022

Researchers better understand chances of making graphite from coal

Ohio University researchers have presented evidence of a new carbon solid they named "amorphous graphite."

June 17, 2022

Miners must invest in critical minerals or risk energy transition – report

The world's largest miners are in excellent financial shape to lead global transition to clean energy, says PwC.

June 16, 2022

VW US chief warns of industry challenges with EV battery shift

Scott Keogh, chief executive of Volkswagen Group of America, said the move to EVs is the single biggest "industrial transformation in America."

June 16, 2022

After Powell’s decision, the outlook for gold remains bearish

While Powell sounded relatively dovish, actions speak louder than words.

June 16, 2022

Gold price scales $1,850 as dollar eases following Fed rate hike

Bullion continued its rise after the Fed approved its largest interest rate increase since 1994.

June 16, 2022

Copper price sinks to 10-month low on recession worries

Outlook for demand deteriorated after the US Federal Reserve’s large rate hike fueled worries about recession and data from China indicated weak growth.

June 16, 2022

Tesla stock has more than Twitter weighing on it

Blame it on rapidly worsening investor sentiment, with US stocks entering a bear market because of soaring inflation and higher interest rates that threaten to trigger a recession.