Economy

Gold bars and coins displayed at auction in France with high-value lots attracting global bidders

It’s very rare to see so much gold in one place: gold bars and nearly 1,000 coins are being auctioned off in France, with a total value exceeding 2 million

By ECONEWS
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April 19, 2026 at 6:30 AM
A close-up of a high-efficiency magnet used in electric vehicle motors and wind turbines, designed without rare earth elements.

It’s not about lithium or batteries: the problem driving up the cost of electric cars and wind power might lie in a tiny magnet, and a new AI has already found a way to do without rare earth elements

By ECONEWS
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April 10, 2026 at 12:30 PM
Copper, gold, and silver rocks representing the major Andes discovery on the Argentina-Chile border

What they have discovered in the Andes Mountains, between Argentina and Chile, is not just any mine, but a colossal deposit containing up to 84 billion pounds of copper, tens of millions of ounces of gold and silver, and a potential that is already revolutionizing the market

By ECONEWS
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April 10, 2026 at 5:31 AM
Large fragment of the Aletai iron meteorite seized by Russian customs after smugglers attempted to export it as a garden sculpture.

Russia intercepts a 2.8-ton fragment of the Aletai meteorite, valued at $4.2 million, which was being smuggled out of the country disguised as a simple garden ornament

By Sonia Ramírez
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April 2, 2026 at 7:27 AM
Bulldog Coaster roller coaster at Brean Theme Park in Somerset, linked to the park’s liquidation and planned reopening

Another theme park goes bankrupt and closes its doors “forever”: what has happened in recent weeks is more serious than it seems

By Kevin Montien
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March 23, 2026 at 6:30 AM
Aerial view of a major container port near the Panama Canal, showing cranes, cargo areas, and ships at berth amid the port dispute

The battle for Panama’s ports is entering a new phase, and China has issued a stern warning

By ECONEWS
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March 22, 2026 at 10:15 AM
A vast open-pit iron ore mine in Western Australia's Hamersley Province, showcasing the rich red hematite deposits.

Australia has just discovered the largest iron deposit ever recorded, weighing 5.7 billion tons, and the most impressive thing is not its size, but its age

By Adrian Villellas
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March 20, 2026 at 6:30 PM
Alaskan Dream cruise ship moored in Alaska waters, representing the small-ship line that suddenly ceased operations before the 2026 season.

A popular Alaska cruise line suddenly closes and cancels all future cruises, leaving reservations, refunds, and questions about what happened just before the season began up in the air

By Kevin Montien
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March 18, 2026 at 6:30 PM
Front and back views of a rare 1943 Lincoln cent, the famous bronze error coin long known as the 1943 copper penny

Millions of people searched for it for decades during the currency changeover, and now one of the world’s most coveted mythical coins, minted in 1943, is back on the market

By Adrian Villellas
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March 17, 2026 at 6:30 PM
Close-up of gold nuggets, illustrating China’s reported discovery of a massive underground gold deposit in Hunan Province

More than 1,000 metric tons of gold have been found underground in China, and the astonishing figure is its price: around $85.9 billion, in a discovery that could redefine the global map of this precious metal

By Adrian Villellas
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March 14, 2026 at 10:15 AM
Protest sign reading “SNAP feeds families” with a blurred American flag in the background

Millions of people could lose SNAP without realizing it, and the real change isn’t in soda or candy, but in a new rule that severely affects adults between the ages of 55 and 64

By Sonia Ramírez
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March 11, 2026 at 6:11 AM
SpaceX Starbase launch facility in Boca Chica, Texas, near the Lower Rio Grande Valley wildlife corridor along the US Mexico border.

Elon Musk admits in February 2026 that convincing married engineers to relocate to Starbase, 40 minutes from Brownsville and near the Mexican border, has become his biggest silent problem

By Adrian Villellas
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March 10, 2026 at 8:15 AM
Mining operations in Victoria, Australia, where antimony and critical minerals are emerging as key resources for clean energy technologies.

From the gold that sparked the rush of the 1850s to antimony, which now accounts for 5% of the world’s supply: Victoria’s surprising new mining revolution

By ECONEWS
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March 9, 2026 at 12:30 PM
Elon Musk stands beside Tesla’s Cybercab concept vehicle at night with the door open, highlighting delays in robotaxi production.

Musk admits on X that production of the Cybercab robotaxi and Optimus humanoid is not taking off, and that could prove very costly

By Sonia Ramírez
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March 7, 2026 at 10:45 AM
Portrait of oil magnate John D. Rockefeller, whose famous quote about money still resonates today

The disturbing quote from John D. Rockefeller that explains why you are never satisfied with what you have

By ECONEWS
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March 6, 2026 at 12:30 PM
Drill cores from deep gold exploration project at Wangu gold field in Hunan Province, China

A hidden deposit 2,000 meters underground could contain one of the largest gold reserves on the planet

By Sonia Ramírez
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March 5, 2026 at 12:30 PM
Stacks of boxed NABU retro computers stored on the second floor of a rural Massachusetts barn

What looked like an old farmhouse about to collapse concealed 2,200 retro computers stacked on the second floor… The lot weighed 22 tons and sold on eBay in a matter of days

By Adrian Villellas
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March 3, 2026 at 7:26 PM
Japanese drillship Chikyu conducting ultra deep sea drilling for rare earth elements near Minamitorishima Island

Japan has just lowered its drill to 19,685 feet below the ocean with the Chikyu, and the message to China is clear: we are going after rare earths even if they are 1,180 miles from Tokyo

By Kevin Montien
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March 3, 2026 at 1:00 PM
Open pit view of the Dadonggou gold mine in Liaoning, where China identified a 1,444 ton gold deposit.

China has just found a 1,444-ton gold “monster” valued at more than $150 billion, and the strangest thing is that they say it is the largest find since 1949

By Adrian Villellas
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February 26, 2026 at 2:33 PM
Per Geijer rare earth deposit near Kiruna in northern Sweden, operated by LKAB.

China processes around 90% of the world’s rare earths, but Sweden has just pulled an “ace up its sleeve” with 2.2 million tons of oxides in Per Geijer

By Adrian Villellas
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February 24, 2026 at 7:39 PM
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