This post was originally published on this site. Gold shook off an early bout of profit taking to trade higher in New York on Friday, as markets settled on the view that July’s soft inflation data has weakened the case for a September Federal Reserve rate hike. Gold for December delivery, the most active contract on the Comex, rose 0.3% to $4,435.00 an ounce, recovering from an early slide to $4,365.50 and touching $4,454.60 at its intraday best. Sellers had moved in after a rally that this week carried the metal back above the $4,500 level in New York and,...

This post was originally published on this site. Modern Mining is preparing to commercialize its electronic waste processing technology as the US looks to keep more critical mineral-bearing material at home and reduce its reliance on foreign supply chains.  Discarded electronics contain high concentrations of valuable base and precious metals—including gold, silver, and palladium—as well as critical rare-earth elements, often at levels exceeding the ore grades of natural rock deposits.  In July, President Trump signed a measure that gives officials authority under the Defense Production Act to implement export restrictions on some industrial waste in a bid to retain critical minerals and rare elements contained in those products.  The...