Expectations that inflation-adjusted yields on US bonds will rise means the metal will no longer function as a hedge against equity markets, Russ Koesterich said.
Environment Minister has given environmental consent for Whitehaven Coal to proceed with a $440 million plan to extend open-cut mining at its Vickery operation in New South Wales.
A bidding war is heating up for Canadian miner Millennial Lithium Corp. as Chinese firms compete to secure key elements needed for electric-vehicle batteries.
