Copper, this dog will hunt

An increasing number of Americans are choosing engagement rings made from lab-grown stones.

Aurubis revealed this week it has uncovered a large-scale fraud involving shipments of scrap metal that it uses to feed its copper smelters.

Gold’s recent pullback sure overstayed its welcome, increasingly vexing as August marched on.

The company also expects to begin recognizing revenue from the sale of its lithium concentrate and byproducts in Q3 2023.

The Caixin manufacturing purchasing managers index rose to 51 last month, the highest reading since February.

Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.

Arrivals of key resources such as crude oil, iron ore and coal appear to have accelerated in August.

Emirates Global Aluminium expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months.

Rhodium has dropped more than two thirds in 2023 so far, while palladium is down 31% this year.