Buy bonds and gold as bubble risk returns, BofA strategist says It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note. Bloomberg News | September 20, 2024 | 11:38 am
Gold lackluster after Fed Plenty of traders thought gold would surge after an outsized rate cut birthing a new cutting cycle. Adam Hamilton - Zeal Intelligence | September 20, 2024 | 9:37 am
Copper price sees strong week with boost from Fed, China demand Base metals sank to multi-month lows in August amid disappointment over Chinese demand and a cloudy outlook for the global economy. Bloomberg News | September 20, 2024 | 9:27 am
Gold investors see gains in rate-cut era from ETFs, haven buying A months-long surge that has seen gold break successive records is drawing in more followers. Bloomberg News | September 20, 2024 | 9:23 am
Zambian miners resist state taking bigger stake in resources The Zambia Chamber of Mines met with the mining ministry on Friday to “reach an amicable settlement” on the contested clause. Bloomberg News | September 20, 2024 | 9:19 am
Standard Lithium shares rise after being selected for $225m award negotiation by DOE The funding is intended to support the construction of the central processing facility for Phase 1 of the South West Arkansas project. Staff Writer | September 20, 2024 | 8:56 am
South32’s Arizona manganese plant tapped for $166m US government grant The DOE funding would provide 30% of the cost of its proposed manganese production facility, said the Australian miner. Staff Writer | September 20, 2024 | 8:24 am
Trafigura to announce Richard Holtum as new CEO as soon as next week Holtum currently runs Trafigura’s gas, power and renewables division. Reuters | September 20, 2024 | 7:35 am
Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories. Reuters | September 20, 2024 | 7:33 am