Gold: price approaches $1,900 as tensions in Ukraine escalate
Gold prices jumped to an eight-month high Thursday, closing near $1,900 an ounce, after tensions between Russia and Ukraine escalated, pushing investors toward safe-haven assets. Russian-backed rebels and Ukrainian forces exchanged accusations of fire across the line...
Lithium: Codelco will begin exploration in March
Chile's state-owned mining company Codelco reported Wednesday that it will begin exploring for lithium in the Salar de Maricunga next month, which could feature a high-grade reserve of the ultralight metal that is key to making batteries for electric cars. Codelco,...
Copper: Peruvian political chaos could drive up prices
Copper prices could see sharp increases as Peru, a major producer, is on the cusp of political chaos, swearing in its fourth cabinet in six months. Meanwhile, demand for the metal is at an all-time high. Copper use is increasing beyond its normal use in developed...
Commodities: which ones will be most affected by a likely Russia-Ukraine conflict
According to Wood Mackenzie, trade dislocations due to sanctions, high energy prices and disruption of production facilities in the conflict zone are three major threats to the metals and mining industry. Vice President Robin Griffin says Russian trade has typically...
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