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Copper Mar 21 (HG=F)
- Reuters
Ivanhoe Mines' Friedland taking 'hard look' at U.S. projects
Ivanhoe Mines founder Robert Friedland said on Monday he is taking a "hard look" at projects in the United States amid a global rush for green metals. U.S. President-elect Joe Biden has indicated support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan. "We’ve been taking a hard look at projects in those states in the United States where we think we can get a social license to mine," Friedland said in a pre-recorded address at a virtual conference hosted by the Canada-based Association of Mineral Exploration.
- Investing.com
Precious Metals & Energy - Weekly Review and Calendar Ahead
Is currency debasement good for the dollar? Gold, the proven hedge for inflation, meanwhile, took another dive for its worst two-week outing since November. The dollar’s rally on Friday was particularly mind-boggling given the retreat in yields on the U.S. Treasury’s -year note - which had been the catalyst for the greenback’s strength since the start of the year.
