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.

June 15, 2022

Gold’s floor price is getting higher, top producer Newmont says

As global markets wilt on fears of stagflation, gold has stayed relatively resilient given its haven status.

June 15, 2022

Battery metal buzz counters financial market angst at mining’s big show

The turmoil that rocked financial markets this week has done little to shake the optimism around global mining at PDAC.

June 15, 2022

Wealth shock delays gold bull market as Goldman revises targets

The bank kept its upside outlook for the gold price but delayed the path by revising its three and six-month targets.

June 14, 2022

US, Canada and partners enter pact to secure critical minerals

The US government has been working with Canada to boost regional supply chains to counter China's dominance in the sector.

June 14, 2022

Assay results confirm sustainable resource at American Rare Earths’ La Paz project in Arizona

Current JORC resource at La Paz has the potential to be one of the largest rare earths projects in North America, company says.

June 14, 2022

Gold price extends decline as market braces for bigger rate hikes

Investors are now increasingly betting that Fed officials will consider the biggest interest-rate increase since 1994.

June 14, 2022

Caterpillar leaves Illinois after decades to relocate to Texas

The machinery producer said the move is in its “best strategic interest,” without citing what benefits it will gain from relocating out of the Greater Chicago area.

June 14, 2022

Team up or get left behind, top gold miner warns smaller peers

Those who don’t understand such fundamentals “are doomed to be left behind,” Newmont's Tom Palmer says.