MINING.COM

Gold price erases weekly loss as market digests new US data

A measure of prices paid to US producers was unchanged in September, pointing to a still-favorable inflation outlook and supporting expectations of Fed rate cut next month.

Staff Writer | October 11, 2024 | 9:51 am

Copper prices to hit record high in Q4 2024 on Fed cuts and China stimulus – Fastmarkets

Analysts expect prices around $10,265 per tonne in the last quarter of the year.

Staff Writer | October 11, 2024 | 9:45 am

CME blocked Istim warehouse after objections from metal traders

Market participants raised concerns about a controversial fee increase announced earlier this year by the warehousing company.

Bloomberg News | October 11, 2024 | 9:29 am

Twelve people trapped deep underground at Colorado mine rescued after 6 hours

An elevator failed at a former gold mine that is now a tourist attraction.

Reuters | October 10, 2024 | 11:40 pm

World’s first manufacturing plant for rare-earth-free magnets opens in Minneapolis

“Clean Earth Magnet” technology is manufactured from iron and nitrogen.

Staff Writer | October 10, 2024 | 3:43 pm

Mining stocks may drop 20% if US tariffs imposed – JPMorgan

The bank cited tariffs as a key factor behind the sector's more than 10% drop in 2017-2018 during the Trump administration.

Staff Writer | October 10, 2024 | 9:58 am

Gold price to decline based on bond yield moves

It is the real yield that has a clear impact on gold, while the impact of nominal yields is not as clear.

Sunshine Profits | October 10, 2024 | 9:13 am

Rio arrives in lithium with a survival-of-the-fittest mentality

The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom.

Bloomberg News | October 9, 2024 | 2:19 pm

US Strategic Metals, Stillwater Critical Minerals enter MOU

USSM plans to mine what it considers to be the largest cobalt reserve in North America.

Staff Writer | October 9, 2024 | 11:15 am

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