Industry News

If you were not paying attention, Platinum began to rally much higher over the past 3+ days – initiating a new breakout rally and pushing well above the $1250 level.  What you may not have noticed with this breakout move … Read more

With agricultural prices soaring, metal prices hitting the highest in years and oil well above $50 a barrel, JPMorgan Chase & Co. is calling it: Commodities appear to have begun a new supercycle of years-long gains.

(Reuters) – A group of U.S. chip companies on Thursday sent a letter to President Joe Biden urging him to provide “substantial funding for incentives for semiconductor manufacturing” as part of his economic recovery and infrastructure plans.

(Reuters) – Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk’s $1.5 billion outlay into bitcoin will be as good for the company as it has been for the cryptocurrency.

(Reuters) – Volkswagen AG on Thursday said it will use Microsoft Corp’s cloud computing services to help it streamline its software development efforts for self-driving cars.

FRANKFURT (Reuters) – The European Union should set binding targets for one million public charging points for electric vehicles by 2024, and three million by 2029, to give consumers the confidence to switch to the new technology, the region’s car … Read more

At the end of January, when silver prices and silver mining stocks took off, it was speculated that some of the same Wall Street Bets investors who drove GameStop (NYSE:GME) stock through the roof were also turning silver into a … Read more

South Africa’s Impala Platinum Holdings on Tuesday said it expected half-year headline earnings to increase more than fourfold, buoyed by higher metals prices and a weaker rand during the pandemic.

Mining and oil companies, among the world’s largest polluters and emitters of planet-warming carbon dioxide, are cleaning up their acts. A process that started slowly and reluctantly is now moving with the momentum of a freight train.

LONDON (Reuters) – The greening of the planet should mean fewer dollars need to be held in reserve around the world and may fuel persistent doubts about the greenback’s future as the dominant world currency.