Good Reads
US House passes bill to fast-track natural gas pipeline permitting
Passing broad permitting reform legislation has become a priority for Congress in the coming year as lawmakers seek to speed up the process to build out energy infrastructure needed to power growing demand for electricity from data centers and to lower household energy costs, which have risen as a consequence. Read on »
Capital Demands Soar For New Copper Supply
The accelerating global energy transition has enhanced the demand for copper, yet bringing new supply online has become increasingly costly. A key metric for measuring this financial challenge is capital intensity, which for this analysis is defined as the total development capital expenditure divided by a mine's average annual copper production. Read on »
Gold Trades Steady Near Record With Focus Turning to Jobs Data
Bullion climbed as much as 1.2% before trading steady during US hours. On Friday, gold and silver suffered a sudden pullback from the day’s highs in a broad risk-off move as Wall Street traders took profits on the year’s biggest artificial intelligence winners. Gold is sometimes seen as a way to hedge against downside in equities, although the metal’s short-term correlation to stocks has risen in recent months. Read on »
Community News
Rebalanced Gold Trade Pushes U.S. Trade Deficit to Five-Year Low Link>>
The Serbian mining town where copper is everything Link>>
What to expect from the double jobs report on Tuesday Link>>
The Fed’s Printing Resumes Link>>
Gold SWOT: Silver Just Hit a Record Above $64/Oz and Headed for a 10% Weekly Gain Link>>