Nickel is adding shine to the otherwise lacklustre 2019 industrial metals complex, as expectations of booming demand from electric vehicles and renewed supply worries rev prices to a one-year high. Nickel is now up 37% since the start of the...
Read moreCommodities were on mostly sound footing in the first half of 2019. The S&P GSCI returned more than 13% as of June 30, one of the best first six months in recent memory. It was not without its challenges, though. In a repeat of last...
Read moreChina’s unwrought copper imports in June fell 27.2% from a year earlier, official data showed on Friday, as a slowdown in the world’s second-biggest economy continues to weigh on demand for the metal. Arrivals of unwrought copper, including...
Read moreChina’s top economic planner has given the nod for three new coal mines, costing CNY18.2 billion (USD2.6 billion), to be built in the north of the country. One will be in Shanxi province and Inner Mongolia will house the remaining two, the...
Read moreThe backdrop for miners is ready to brighten in the second half of this year. They just need a resolution of the trade war between the U.S. and China to light a fire under their stocks. Metal prices and mining equities have been at the mercy of...
Read moreQianhai Mercantile Exchange (QME), a mainland China physical commodities bourse owned by Hong Kong Exchanges and Clearing Ltd (HKEX), has started spot trading of aluminium ingots and billets, HKEX said on Tuesday. Trading started on Friday, June...
Read moreIron ore prices in China hit record highs on Friday and booked their biggest quarterly gain since late 2016, buoyed by expectations that supply of the raw material in the world’s top steel producer will remain tight in the second-half of the...
Read moreNEW restrictions on imports of scrap metal into China come into force on Monday, nearly two years after Beijing told the World Trade Organization it would stop accepting shipments of solid waste as part of a sweeping campaign against...
Read moreChina’s iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand. Mining giant Rio Tinto on...
Read moreA new report by GlobalData shows the value of capital raising deals in the metals and mining sector increased from the final quarter last year to over $11 billion in Q1 2019, despite the number of agreements inked falling sharply. GlobalData said...
Read moreCopper’s price slide due to the escalating U.S.-China trade dispute suggests a deteriorating fundamental picture, but bubbling away in the background are supply side problems that are likely to lead to a tighter market. Copper is used in...
Read moreShares of Eldorado Gold rose as much as 14.6% on Monday on optimism that a snap poll called by Greece could result in the election of a new business-friendly party and help resolve permitting problems the miner has faced for years. Greek Prime...
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