Delta Resources shares soar after reporting bonanza gold grades from Ontario property

The premium for spot zinc over futures spiked on Thursday to the widest since 1997.

Xi Jinping re-iterated the country’s “social and economic development targets” at a business forum.

"The commodity world’s flagship is under fire,” one analyst said.

The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.

This year’s standout inflation trade of backing commodities is coming under pressure on concern a recession will curb demand for raw materials.

It sold 109.76 million shares at 410 yuan apiece in an A-share private placement, it said in a statement Wednesday.

The S&P/TSX Composite Materials Index is now negative for the year after peaking in mid-April.

The Belgian company presented a 5 billion euro plan to bulk up its battery materials business by 2026.

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.