Battery Metals

Palladium surged as much as 9.5% after the US asked the Group of Seven allies to consider sanctions on Russian exports of the precious metal. The Biden administration floated the potential restrictions at a meeting of G-7 finance officials in Washington this week as it mulls fresh ways to squeeze President Vladimir Putin’s war efforts. Russia’s […]

Gold retreated from a new all-time high set on Wednesday as some investors booked profits while assessing geopolitical risks from the US election and Middle East conflicts. Spot gold dropped 1.0% to $2,718.79 an ounce by 12:10 p.m. ET after briefly hitting an all-time high of $2,758.25 in the morning trading. US gold futures also fell 1.0% […]

Gold climbed to a fresh record as the approaching US election and conflict in the Middle East boosted haven demand. Bullion hit an all-time high of $2,748.36 an ounce, topping Monday’s record. Traders have flocked to the market amid a tight US presidential vote and persistent concern that violence in the Middle East may escalate […]

Citi Research raised its three-month forecast for gold prices, citing possible further US labor market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF buying, it said in a note on Monday. The bank upgraded its three-month gold price view to $2,800 per ounce from $2,700 previously, adding that its 6 to […]

Graphite One (TSXV: GPH) has been earmarked for a potential $325 million financing from the Export-Import Bank of the United States (EXIM) to support its production of battery anode materials. The funding, if approved, would be made through the EXIM’s “Make More in America” and “China and Transformational Exports Program” (CTEP) initiatives, which are designed to strengthen sectors that […]

Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation, calls “classification debt.” Explorers and developers often overstate the certainty of mineral resource classifications based on inadequate data, Desharnais said at an event in Vancouver […]

Gold topped $2,700 an ounce for the first time as concerns over escalating conflicts in the Middle East and a tight US election race prompt investors to flock to safety. Bullion climbed as much as 1% to $2,720.17 an ounce, beating the all-time high set in the previous session. The bullish sentiment spilled over to the […]

Gold set a record high on Thursday as uncertainty surrounding the US election and rising Middle East tensions prompted higher demand for safe-haven assets, while easing monetary policy environment also kept prices elevated. Spot gold hit an all-time high of $2,696.62 per ounce earlier before pulling back to $2,686.52 at noon ET for a 0.5% […]

General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells. The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase the […]

The price of gold is expected to rise to $2,941 a troy ounce over the next 12 months from the current $2,661, delegates to the London Bullion Market Association’s annual gathering predicted on Tuesday. A poll of delegates at the LBMA conference in Miami also predicted higher prices in a year’s time for silver, platinum […]