Gold demand drops as virus shrinks big Indian weddings
The expected drop in consumption comes after sales rebounded in the second half of 2021.
The expected drop in consumption comes after sales rebounded in the second half of 2021.
Job vacancy rates in the Canadian mining, quarrying and oil and gas sector in the third quarter of last year reached a record high of 4.3%
Industrial metal markets are marching higher again, as production outages and shrinking inventories revive worries about global supplies.
Rio Tinto recently committed $2.4 billion to develop a lithium-borates project in the western Jadar valley.
The gold miner, which gave no reason for its CEO’s departure, said CFO Daniella Dimitrov would serve as chief executive on an interim basis.
The permit satisfies one of the final conditions China’s Zijin Mining needed to acquire the junior exploration company.
Heavy rainfall is disrupting southeastern Brazil’s giant iron ore industry, regulators dispatched to monitor any impact on tailings dams.
With interest rates poised to rise and the USD Index still undervalued, more headwinds should confront gold, silver, and mining stocks in the coming months.
The dam provides hydro power to Rio's aluminum smelter in Kitimat.
Vale has partially suspended operations at its Southeastern and Southern iron ore systems due to the bad weather.