Hedge funds are hoarding cobalt amid battery metal slumpCobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market. Bloomberg News | July 1, 2024 | 10:03 am
Ion Storage Systems gets $20m from US DOE to scale up next-gen EV batteriesFunding accelerates the commercialization of ION’s anodeless SSB.Staff Writer | June 28, 2024 | 1:15 pm
Biden administration blocks Ambler road in AlaskaThe road would provide access to untouched deposits of copper,…Staff Writer | June 28, 2024 | 7:46 am
Gold price heads for yearly gain as market eyes rate cuts in 2024 Bullion was steady on the final trading day, putting it on track to end the year about 13% higher. Bloomberg News | December 29, 2023 | 8:44 am
Nickel is year’s biggest metals loser, copper manages small gain Nickel is poised to post an annual drop of more than 40% on the London Metal Exchange, the biggest decline since 2008. Bloomberg News | December 29, 2023 | 8:37 am
Paramount Gold closes $15 million funding with Sprott to advance Grassy Mountain mine The proposed mine has an initial eight-year life producing 47,000 oz. of gold and 55,000 oz. of silver annually. Staff Writer | December 28, 2023 | 11:21 am
Biden extends EU steel, aluminum tariff exemption for 2 years The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production. Reuters | December 28, 2023 | 11:09 am
Spot gold wavers as bond markets rally on rate-cut optimism Strong demand for Treasuries signalled investors are confident the Federal Reserve will loosen monetary policy next year. Bloomberg News | December 28, 2023 | 12:59 am
Will 2024 be the year for precious metals? Gold and silver have both held up quite well despite the Fed’s tightening cycle. Rick Mills - Ahead of the Herd | December 26, 2023 | 11:36 am
Gold price inches higher on expectations for Fed rate cuts in 2024 Gold ticked higher as the final week of the year got underway. Bloomberg News | December 26, 2023 | 9:20 am
US claims huge chunk of seabed amid strategic push for resources The US extended its claims on the ocean floor by an area twice the size of California. Bloomberg News | December 22, 2023 | 12:27 pm
US takes aim at financial institutions with new Russia sanctions authority A new executive order gives Washington the ability to ban products originating in Russia but processed in third countries, such as diamonds. Reuters | December 22, 2023 | 9:02 am