Chinese gold fetches huge premium as demand improves Benchmark prices in Shanghai have climbed to a premium of more than $43 an ounce over their London equivalent, the highest since 2019. Bloomberg News | September 22, 2022 | 9:31 am
Gold price wavers after Japan intervention, central banks’ rate hikes The Fed’s rate hikes this year have weighed on bullion, with spot prices down 8.6%. Bloomberg News | September 22, 2022 | 9:14 am
Column: Buoyant coal industry seeks ways to stay in the long-term energy mix Asia’s coal players gathered this week in Indonesia and the mood was far more upbeat than in past events, writes Clyde Russell. Reuters | September 22, 2022 | 8:36 am
Elon Musk may regret putting Tesla’s first European plant in Germany There have been signs Germany’s bureaucracy could be costly with respect to Tesla’s investment in Gruenheide. Bloomberg News | September 22, 2022 | 8:17 am
Polymetal shares down as gold miner scraps final dividend Company has not been directly targeted by Western sanctions imposed on Moscow since it sent thousands of troops to Ukraine in February. Reuters | September 22, 2022 | 8:09 am
Researchers working on smart drone capable of preventing tailings dams failures US-based engineers are developing new technologies to detect and prevent potential failures of coal waste storage facilities. Staff Writer | September 22, 2022 | 6:06 am
General Motors invests in Canadian lithium-ion battery recycler Move creates a partnership between the companies to pursue a circular battery ecosystem using Lithion's technology. Cecilia Jamasmie | September 22, 2022 | 5:56 am
Delayed upgrades prompt Scotgold to cut Q3 production targets It now expects to produce around 2,000 ounces of gold for the three months to Sep. 30, down from a previous 2,900-3,500 ounces range. Cecilia Jamasmie | September 22, 2022 | 3:51 am
Gold price rises as Fed rate hike comes in as expected Gold prices rose after the US Federal Reserve raised interest rates by 75 basis points for a third straight time. Bloomberg News | September 21, 2022 | 1:14 pm