Gold price defies hawkish Fed
Gold defied another hawkish Fed decision this week, consolidating high in its immediate wake.
Latest Stories
Explainer: The science of nuclear fusion
How recent achievements in nuclear fusion may pave the future for a new form of clean and sustainable energy.
Hedge funds say they lost $95 million in LME nickel crisis
A group of hedge funds led by AQR Capital Management on Friday applied to force LME to hand over information relating to two key phone calls.
EnCore Energy wins court challenge to South Dakota uranium project
The Oglala Sioux Tribe and watchdog group Aligning for Responsible Mining wanted a US appeals court to review its decision in August approving the Nuclear Regulatory Commission’s licence.
Gold price facing worst week in a month after Fed’s hawkish signal
Despite a slight gain on Friday, gold remains on course for its biggest weekly decline since mid-November.
Coal price surge won’t stop Idemitsu selling Australian mine stake
The Japan-based firm is in talks with several entities interested in acquiring its 85% stake in the Ensham mine in Queensland.
World’s coal consumption set to breach new record this year
Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time.
Shutting huge copper project shows why miners worry about starting them
Panama’s decision to close a giant copper mine couldn’t come at a worse time for the market.
China’s new iron ore buyer sets off biggest shakeup in years
A new state-owned company called China Mineral Resources Group is poised to become the world’s biggest iron ore buyer as soon as next year.
