Euphoric dollar vexing gold The euphoric US dollar’s epic parabolic surge over this past half-year continues to sorely vex gold. Adam Hamilton - Zeal Intelligence | October 21, 2022 | 9:26 am
ISS sides with top Turquoise Hill investors in dismissing Rio takeover ISS recommended Turquoise Hill shareholders vote against Rio’s cash offer to acquire 49% of the stock it doesn’t own for C$43 a share, the firm said. Bloomberg News | October 21, 2022 | 9:00 am
Gold price rebounds on expectations of Fed rate hike peaking soon “Gold is staging a comeback as expectations grow that this next 75 basis-point hike will be the last major one,” analyst said. Staff Writer | October 21, 2022 | 8:53 am
Iron ore price rises on hopes of easing covid restrictions in China The World Steel Association has projected a 2.3% contraction in global steel demand this year. MINING.COM Staff Writer | October 21, 2022 | 8:36 am
LME Week: cocktails, canapés and crises Trading volumes have been sliding sharply since the nickel blow-out in March and there's lingering uncertainty as to the future of the exchange's iconic open outcry trading ring, writes Andy Home. Reuters | October 21, 2022 | 8:26 am
Copper faces long-term shortage as demand outruns supply BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade. Bloomberg News | October 21, 2022 | 8:12 am
DRC improves extractive sector transparency but more needed – anti-graft body The DRC has published around 200 contracts and related documents in the last two years. Reuters | October 21, 2022 | 8:04 am
BHP chief executive cautiously optimistic about China’s economic growth The International Monetary Fund forecasts China's GDP will expand by just 3.2% this year, down from 8.1% growth in 2021. Reuters | October 21, 2022 | 7:58 am
Rio Tinto board needs mining skills, geographical diversity – chairman The seven independent directors on the board of the mining giant have mostly experience in finance, capital markets, law, and oil and gas. Reuters | October 21, 2022 | 7:54 am