Gold price at 3-week low as UK inflation jumps again “The market continues to be quite worried about aggressive Federal Reserve monetary tightening,” analyst said. Staff Writer | October 19, 2022 | 8:40 am
LME copper stocks plunge again as metal heads to China The amount of available copper in the London Metal Exchange's warehouse network has halved over the last eight days. Reuters | October 19, 2022 | 8:33 am
Biden awards $2.8 billion to boost US minerals output for EV batteries Albemarle and Piedmont are among the 20 manufacturing and processing companies winning US Energy Department grants. Reuters | October 19, 2022 | 8:25 am
Equinox confirms path to extend Los Filos mine life to 2036 with new feasibility study Total LOM production is estimated at 3.97 million oz. of gold, peaking during 2025-2030 at average production of 360,000 oz. per year. Staff Writer | October 19, 2022 | 8:13 am
Glencore delivers Russian-origin aluminum into LME system Stocks of aluminum in LME warehouses jumped 65,825 tonnes to 433,025 tonnes on Friday. Reuters | October 19, 2022 | 7:39 am
Baker Hughes taps Newmont’s Nancy Buese as finance chief Newmont had said that Buese will step down, and be replaced by insider Brian Tabolt on an interim basis. Reuters | October 19, 2022 | 7:31 am
South Africa’s EV dream threatens $8.5 billion in climate aid South Africa is the world’s 13th-biggest source of greenhouse-gas emissions and relies on coal for more than 80% of its electricity. Bloomberg News | October 19, 2022 | 7:25 am
China to remain a key trade partner for Australia, official says Australia has been a rare beneficiary of Russia’s war on Ukraine. Bloomberg News | October 19, 2022 | 7:01 am
Covid in China’s coal hubs crimps supply as winter demand looms China’s two biggest coal-producing regions have been hit by virus flare-ups and lockdowns that are disrupting supplies and boosting prices. Bloomberg News | October 19, 2022 | 6:55 am
