‘Free money’ for banks as investors pile into fractured gold market
The world’s largest 50 investment banks are on track to double their income from precious metals this year.
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Rio Tinto has not formally committed to review threatened sites, Aboriginal group says
Group says the company has not formally committed to review the terms of an iron ore mine development that would let it destroy 124 culturally significant sites.
Vale’s mining dams are still a risk, company must do more, Brazil prosecutor says
Prosecutors said the company has not complied with a number of commitments signed with authorities to prevent a new disaster.
Gold price near two-month low on Fed policy uncertainty
Spot gold dropped 3.3% to its lowest since late July, while US gold futures fell 2.7%.
Cobalt demand for 5G to challenge electric vehicles
The need for larger rechargeable batteries and more energy storage for 5G technology is expected to significantly boost demand for cobalt over coming years.
Gold investors take aim at miners with returns falling short
Prominent investors are seeking to make changes at gold mining firms to better align the interest of managers, boards and shareholders.
It is possible to recover lithium cobalt oxide from spent batteries – study
Most battery recycling processes extract the materials separately and require additional reagents to put them together.
Tesla “battery day” a possible blow to cobalt miners
Among expected announcements may be a cobalt-free battery, which will need higher quantities of less costly metals such as nickel and manganese.
Mariner becomes largest land tenure holder in Newfoundland
The miner acquired a 100% interest in Exploits Gold Corp and became Exploits Discovery Corp.
