US mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022, an estimated $3.6 billion (~3.8%) increase over the 2021 revised total of $94.6 billion, the US Geological Survey announced Thursday. This information comes […]
Copper prices moved higher on Thursday after the US Federal Reserve cemented expectations that rapid interest rate rises will end soon, weakening the dollar and making dollar-priced metals cheaper for buyers with other currencies. Copper for delivery […]
Staying on the theme of putting the spotlight on talented women in leadership roles in mining, we caught up with Alison White, executive vice president and chief financial officer of SSR Mining. Based in Denver, […]
Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc. (NYSE, TSX: SII), announced on Thursday it has launched four exchange-traded funds (ETFs) focused on providing investors pure-play exposure to critical minerals essential to […]
Gold prices retreated on Thursday as the dollar rebounded and some investors locked in profits after the safe-haven metal scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold fell […]
Oil steadied above a three-week low, as traders digested the Federal Reserve’s latest meeting for the outlook on interest rates and weighed the potential for better demand in China. West Texas Intermediate traded near $76.50 […]
The iron ore price fell to a two-week low on Thursday as traders reassessed demand prospects in China. Iron ore and steel prices in China hit multi-month highs in January as markets rallied from early […]
By Ven Ram, Bloomberg markets live reporter and strategist On Wednesday, Fed Chair Jerome Powell often peppered his answers by intersplicing “Let’s see.” As it turned out, that provided enough comfort for the markets. You […]
HOUSTON, Feb 1 (Reuters) – U.S. energy pipeline operator Enterprise Products Partners (EPD.N) was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and […]
Republican and Democrat lawmakers in recent weeks have been targeting the Biden administration’s environment, social and governance (ESG) investment priorities, and they are warning Americans that these priorities may be working against their financial goals. ESG standards […]
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