One of world’s top gold-buying central banks is far from sated Uzbekistan has brought the share of the precious metal in its $32 billion reserves to almost two-thirds, in a reversal of a plan to cut it below 50%. Bloomberg News | November 10, 2022 | 8:46 am
Gold price jumps over 2% as US inflation data signals possible Fed slowdown Gold prices jumped to a more than two-month high on Thursday as data showed US inflation cooled off a bit in October. Staff Writer | November 10, 2022 | 8:25 am
Deal flurry casts light on unconventional mine financing A lesser-known corner of mine financing is having a moment in the sun, with two royalty and streaming deals announced on Thursday. Bloomberg News | November 10, 2022 | 7:53 am
SolGold CEO leaves after less than a year in the top job Darryl Cuzzubbo's departure comes just two days after SolGold unveiled a $50 million royalty financing deal to advance Cascabel. Cecilia Jamasmie | November 10, 2022 | 7:42 am
Empty iron ore ships switch to coal to survive China’s slump Cargo ships suffering from weak Chinese demand for iron ore are finding coal a more lucrative alternative. Bloomberg News | November 10, 2022 | 7:30 am
BHP shareholders vote against resolution to lobby Australian government on climate The resolution called on BHP to proactively advocate for Australian policy settings that are consistent with the Paris Agreement's objective of limiting global warming to 1.5°C. Reuters | November 10, 2022 | 7:16 am
Petra Diamonds’ Tanzania mine ops suspended for three months A wall of the tailings storage facility at the site was breached earlier this week. Reuters | November 10, 2022 | 7:10 am
Li-ion battery market to reach $430bn by 2033 According to IDTechEx, electric cars and transportation will represent the largest market. Staff Writer | November 10, 2022 | 6:06 am
Triple Flag to buy Maverix Metals, creating fourth largest streaming and royalty firm The combined company will have 29 paying assets and 228 assets overall, located in Australia, Latin America and North America. Cecilia Jamasmie | November 10, 2022 | 3:44 am
