Gold price holds ground with all eyes on US jobs data
Should the data exceed expectations, a stronger dollar would put “some pressure on gold,” an analyst said.
Should the data exceed expectations, a stronger dollar would put “some pressure on gold,” an analyst said.
The bill in its present form could hike taxes on miners by up to 75% depending on the price of copper.
Applications for state unemployment insurance unexpectedly plunged to a fresh pandemic low, new data shows.
Gold prices this year had their first quarterly drop since 2018.
Biden’s infrastructure plan is projected to cost around 130,000 jobs in the oil, coal, and gas industry.
Urgent policy reforms to remove regulatory impediments, create more flexible workplaces and introduce internationally competitive tax rates are essential, says Minerals Council of Australia.
The Biden administration has gotten off to a rough start trying to reassure coal miners and oil workers whose jobs are threatened by the president’s fight against climate change.
Over 39,000 people were working in Queensland’s coal industry in the last quarter of 2020.
Serious gold down days are nearly always driven by heavy speculator selling in super-leveraged gold futures.
The Queensland Resources Council has released industry figures confirming mining, gas and energy companies added a record A$82.6 billion to the state economy in 2019-20.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.