Gold price near ‘danger zone’ as dollar, treasury yields surge Bullion had dropped below $1,700 an ounce as central banks globally raise interest rates to combat inflation. Bloomberg News | September 7, 2022 | 7:50 am
Billionaire Adani adds more detail on $70 billion green push The world’s third-richest person wants to build major facilities to manufacture electrolyzers for making green hydrogen, wind power turbines, and solar panels. Bloomberg News | September 7, 2022 | 7:43 am
Saudi Arabia awards Moxico Resources and Ajlan & Bros Khnaighuiyah mining licence Khunaygiyah's zinc and copper deposits are estimated at around 26 million tonnes. Reuters | September 7, 2022 | 7:35 am
Indonesia president says likely to lose WTO nickel dispute against EU The ban has boosted Indonesia's export revenues, with $20.9 billion worth of exports of nickel-based products in 2021. Reuters | September 7, 2022 | 7:31 am
Great Panther to delist from TSX, NYSE as it seeks creditor protection The cash-strapped Canadian miner is likely to default on several material debtor agreements owing to liquidity constraints. Cecilia Jamasmie | September 7, 2022 | 7:15 am
EU, US step up Russian aluminum, nickel imports since Ukraine war EU and US imports of Russia's main base metal products aluminum and nickel during March-June increased by as much as 70%. Reuters | September 7, 2022 | 7:13 am
Global aluminum producers offer Q4 premiums of $115-$133/t The lower premium offers reflected weak demand from automakers amid a global supply chain crunch. Reuters | September 7, 2022 | 7:03 am
Column: Chinese speculators crush tin, wiping out two-year rally The tin price roller coaster ride isn't over yet, writes Andy Home. Reuters | September 7, 2022 | 6:56 am
Standard Lithium retools operations after short seller’s attacks Company is trying to become the first new US source of lithium for electric vehicle batteries in decades. Reuters | September 7, 2022 | 6:47 am