MINING.COM Staff Writer, Author at MINING.COM

Copper price sinks to 10-month low on recession worries

Outlook for demand deteriorated after the US Federal Reserve’s large rate hike fueled worries about recession and data from China indicated weak growth.

MINING.COM Staff Writer | June 16, 2022 | 8:46 am

Central banks add more gold in November as China joins the foray — report

Iron ore price down ahead of China’s central bank rate announcement

Market focus has turned to the People's Bank of China, which could cut the rate on its medium-term lending facility on Wednesday.

MINING.COM Staff Writer | June 14, 2022 | 8:50 am

Copper price slips as China demand woes resurface

Metal price fell as a stronger US dollar and renewed worries over demand due to partial lockdowns in China weighed on sentiment.

MINING.COM Staff Writer | June 13, 2022 | 8:30 am

Iron ore price extends decline on China lockdown fears

"Fresh lockdowns and mass testing in Beijing, Shanghai, and now Inner Mongolia is the realization of the ferrous market's worst fears," said Atilla Widnell, managing director at Navigate Commodities.

MINING.COM Staff Writer | June 13, 2022 | 8:00 am

Iron ore slumps on fresh China lockdown worries

Iron ore price down on new China lockdown worries

"China remains a big source of uncertainty for global growth," JP Morgan analysts said in a note.

MINING.COM Staff Writer | June 10, 2022 | 8:12 am

Copper price extends decline on renewed China lockdowns and recession fears

Shanghai will lock down millions of people for mass covid-19 testing this weekend.

MINING.COM Staff Writer | June 10, 2022 | 7:56 am

Copper price slips after new China lockdowns

Entertainment venues and internet cafes in Beijing's largest district of Chaoyang were ordered to be shut on Thursday.

MINING.COM Staff Writer | June 9, 2022 | 8:32 am

Iron ore price slips as Chinese steelmakers face margin pressure

"The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said.

MINING.COM Staff Writer | June 8, 2022 | 9:17 am