Kinross Gold shares rise on Q3 earnings surgeNet earnings totalled C$109.7 million, versus C$65.9 million in the same quarter last year.Staff Writer | November 9, 2023 | 9:18 am
Aurubis to invest about $700 million to build smelter in USThe commissioning of the secondary smelter in Augusta, Georgia, is…Reuters | November 8, 2023 | 1:32 pm
Piedmont shares up on inaugural revenue and profitThe company reported adjusted net income of $17 million during…Staff Writer | November 8, 2023 | 9:20 am
Gold price climbs 2% in wake of Powell’s comments on slower rate hikes Traders are currently pricing in a 91% probability that the Fed increases rates by 50 basis points on Dec. 14. Staff Writer | December 1, 2022 | 9:53 am
BMW invests in low carbon copper firm Jetti Jetti has the technology to extract more copper from low-grade resources and produce metal with a low carbon footprint. Reuters | December 1, 2022 | 8:08 am
JPMorgan joins HSBC as vault custodian for top gold ETF The lender will now act as an additional custodian for the SPDR Gold Trust, according to a statement from the World Gold Council. Bloomberg News | December 1, 2022 | 7:28 am
CME cobalt contract use soars above LME as big players join Consumers, producers, commodity traders, brokers and banks are backing the CME's cash-settled contract as they want a liquid instrument to hedge cobalt. Reuters | December 1, 2022 | 7:23 am
Investors with $30 trillion to push companies on human rights, social issues Plan to focus first on metals & mining, renewables sectors. Reuters | December 1, 2022 | 7:08 am
EV battery cathode costs spike as lithium price sets fresh record Relentless rise of lithium prices and recent bounce in cobalt and nickel put pressure on electric vehicle manufacturers. Frik Els | November 30, 2022 | 12:04 pm
Ex-JPMorgan gold trader faces final trial in spoofing saga Christopher Jordan’s trial starting Wednesday is part of a long crackdown by the US on market manipulation since the 2008 financial crisis. Bloomberg News | November 30, 2022 | 10:04 am
Barclays coal plan exposes reach of Biden’s Inflation Reduction Act The bank now expects to phase out its financing of thermal coal power in the US five years earlier than planned. Bloomberg News | November 30, 2022 | 8:16 am
Gold price rises on dollar pullback, hopes of slower Fed rate hike Investor focus will be on Fed Chair Jerome Powell’s speech at a Brookings Institution event on Wednesday. Staff Writer | November 29, 2022 | 8:36 am