Gold looks ‘best hedge’ as debt-ceiling angst builds, RBC says RBC Capital Markets strategist says the fraught negotiations had set the stage for a near-term boost to bullion. Bloomberg News | May 12, 2023 | 9:49 am
Copper price rises despite fears of slowing demand and rising inventories "The market is on pause, but the bears are still in control," said Al Munro, base metals strategist at Marex. MINING.COM Staff Writer | May 12, 2023 | 9:21 am
Delta Resources shares soar after reporting bonanza gold grades from Ontario property One hole intersected exceptionally high gold grades of 1,636 and 697 g/t, both over 1 metre. Staff Writer | May 12, 2023 | 9:16 am
Iron ore price stable despite demand concerns Many Chinese steel mills have reportedly lowered their prices amid disappointment over demand. MINING.COM Staff Writer | May 12, 2023 | 9:09 am
Teck secures regulatory approval for Zafranal copper project The project in Peru is expected to produce an average of 133,000 tonnes of copper during its first 5 years of production. MINING.COM Staff Writer | May 12, 2023 | 8:33 am
Vedanta posts slump in Q4 profit after metal prices fall Company reported a 68% slump in fourth-quarter profit. Reuters | May 12, 2023 | 7:42 am
London court rejects BHP’s 14-month delay request to Brazil dam case The miner is being sued by 720,000 Brazilians over the 2015 collapse of the Fundao dam. Reuters | May 12, 2023 | 7:28 am
How earth’s early critters transformed the planet’s crust The diversification of life on earth, which took place 500 million years ago, led to a drastic change in the chemistry of the planet’s uppermost layer. Staff Writer | May 12, 2023 | 6:06 am
AngloGold to move primary listing, head office out of South Africa The miner is further distancing itself from the home country with plans to list in New York and make London its new headquarters. Cecilia Jamasmie | May 12, 2023 | 3:45 am