Elon Musk says the world needs more oil and gas as a bridge to renewables Musk made his comments as Europe is grappling with its worst energy crisis in decades. Bloomberg News | August 29, 2022 | 8:30 am
Goldman says ‘buy commodities now, worry about recession later’ “Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” bank analysts said. Bloomberg News | August 29, 2022 | 8:18 am
China-linked bots attacking rare earths producer ‘every day’ Fake social media accounts linked to the Chinese Communist Party are posting daily attacks on Lynas Rare Earths, according to the company. Bloomberg News | August 29, 2022 | 8:01 am
Column: China steel sector turning the corner as demand, margins improve Steel mills have been signaling that production is likely to rise in September, writes Clyde Russell. Reuters | August 29, 2022 | 7:47 am
Fortescue posts 40% profit drop on weak iron ore prices, China slowdown Miners have taken a hit from iron ore prices retreating from highs in 2021. Reuters | August 29, 2022 | 7:33 am
Mining tycoon Steinmetz seeks to topple bribery conviction Steinmetz, 66, was convicted in January 2021 of bribing public officials in Guinea to secure the concession for the vast Simandou iron ore project. Bloomberg News | August 29, 2022 | 6:51 am
MinRes greenlights $2.1 billion Onslow iron ore project in Western Australia Decision to build the project and associated port will open up a major new iron ore area in the Pilbara. Cecilia Jamasmie | August 29, 2022 | 6:29 am
Gold mine plays key role in proving dark matter’s existence Researchers working at the Stawell gold mine want to figure out whether dark matter actually exists. Staff Writer | August 29, 2022 | 5:05 am
Colombia abandons plan to tax gold exports The government has scrapped plans to introduce a 10% export tax on gold as part of the tax reform bill submitted by President Gustavo Petro in early August. Cecilia Jamasmie | August 29, 2022 | 3:53 am