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Indonesia Opens New Chapter in Copper Industry with PT Amman Mineral Nusa Tenggara Plant
Indonesian President Joko Widodo recently inaugurated the PT Amman Mineral Nusa Tenggara (AMNT) copper smelting and precious metal refining plant in West Sumbawa District, West Nusa Tenggara. This project marks a significant step for Indonesia in the copper processing...
Gold skyrockets to over $2,600 amid rate cuts and geopolitical tensions
On Friday, the price of gold surpassed the historic $2,600 mark for the first time, supported by a rally fuelled by expectations of further interest rate cuts in the United States and rising tensions in the Middle East. This jump in gold reflects its status as a safe...
Gold at Historic Highs: The Federal Reserve and Markets in Turmoil
Gold prices rose on Thursday morning, reaching record highs after the US Federal Reserve made a dramatic interest rate cut. Spot gold is up 0.50 per cent from yesterday's close at $2,582 per ounce, as of 10:25 a.m. (Italian time), following an all-time high of...
US Confirms Section 301 Tariffs on Imports of Steel, Aluminium and Critical Minerals from China
The US government announced the confirmation of Section 301 tariffs on a wide range of raw material imports from China, including steel, aluminium, lithium ion batteries, graphite, and other critical minerals. This decision was made official on 13 September by the...