The global energy transition is reshaping the economics of mining by driving unprecedented demand for critical minerals, altering geopolitical dynamics, and introducing new challenges and opportunities for the industry. Energy transition has a major impact on the mining economy. The ...
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Iron ore, coking coal hold up amid tariff chaos, but for how long?
Iron ore is probably the commodity most exposed to China and while the price of the steel raw material has eased, it has held up better than other major commodities like crude oil and copper in the wake of U.S. ...
Rio Tinto discovers exceptional yellow diamond from its Diavik Diamond Mine
Rio Tinto has unearthed one of the largest gem-quality yellow diamonds ever discovered in Canada, from its Diavik Diamond Mine. The 158.20 carat rough diamond was discovered at Diavik located 200km south of the Arctic Circle in the remote Northwest ...
Gold sails to record high as tariff jitters fuel safe-haven allure.
Gold prices surged to an all-time high on Tuesday, extending their record run, as investors flocked to the safe-haven asset to guard against the potential repercussions of U.S. President Donald Trump’s reciprocal tariffs. Spot gold was up 0.1% at $3,125.69 ...
Gold rises as fears mount over Trump's reciprocal tariff plans
March 27 (Reuters) – Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world’s largest economy. Spot gold was up 0.3% at $3,028.65 an ...