Topping dollar is gold bullish
The US dollar has skyrocketed in a monster rally this year, fueled by the Fed’s extreme hawkish pivot.
Latest Stories
Congo miner threatens to seize cobalt project from Chinese partner
Gecamines, which owns 20% of the Tenke Fungurume mine, has accused CMOC of manipulating the project’s finances.
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 muster.
Sinomine invests $200m in Zimbabwe lithium project
The southern African country holds some of the world's largest deposits of lithium.
Nickel chaos prompts LME to force disclosure of off-exchange trades
The world’s biggest base-metals bourse will require members to disclose all over-the-counter positions of their clients on a weekly basis starting on July 18.
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.
Recycler Li-Cycle eyes Asia foray to feed battery metal boom
Li-Cycle is among a handful of companies looking to cash in on demand for the recovered materials, with companies including Tesla Inc. expressing concerns over supplies of nickel and lithium.
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.
Copper price extends decline despite possible Chile strike
The workers at Codelco have complained about a lack of investment at the firm's troubled Ventanas smelter.
