Gold price climbs 2% in wake of Powell’s comments on slower rate hikes Traders are currently pricing in a 91% probability that the Fed increases rates by 50 basis points on Dec. 14. Staff Writer | December 1, 2022 | 9:53 am
Orezone Gold’s Bomboré mine in Burkina Faso enters commercial production Bomboré now becomes the 16th mine to go into production in Burkina Faso. Staff Writer | December 1, 2022 | 9:22 am
BMW invests in low carbon copper firm Jetti Jetti has the technology to extract more copper from low-grade resources and produce metal with a low carbon footprint. Reuters | December 1, 2022 | 8:08 am
Brazil to let private sector mine for uranium The uranium sector is currently the exclusive responsibility of state-run Indústrias Nucleares do Brasil (INB). Cecilia Jamasmie | December 1, 2022 | 8:06 am
Chinese nickel producer Lygend Resources debuts in Hong Kong The Chinese nickel producer is the first among eight newcomers to list in the Asian financial hub this month. Bloomberg News | December 1, 2022 | 7:56 am
Platinum mining target says takeover battle damages operations Royal Bafokeng Platinum said competing offers from Impala Platinum and Northam Platinum have created uncertainty. Bloomberg News | December 1, 2022 | 7:50 am
China’s lithium newcomer Zijin eyes rich returns from battery demand The company has already spent $16 billion buying three lithium mines over the past year. Reuters | December 1, 2022 | 7:43 am
Congo agreed to pay Gertler’s company $250m in resources deal The Israeli businessman is accused of leveraging his friendship with former Congo President Joseph Kabila to secure lucrative mining deals. Reuters | December 1, 2022 | 7:35 am
JPMorgan joins HSBC as vault custodian for top gold ETF The lender will now act as an additional custodian for the SPDR Gold Trust, according to a statement from the World Gold Council. Bloomberg News | December 1, 2022 | 7:28 am
