Aurubis plant in Italy closed as coronavirus shutters economy

Using commodities as loan collateral is practice in China, but Beijing is set to introduce new rules limiting this component of the shadow banking system.

Company is confident the government will return two of the licences revoked last year.

Melbourne-based company sets profit and production records from mines in New Zealand and the Philippines. Stock is already up 67% in 2014.

The province is asking the Federal government to match the funds.

"We read in the continuing reporting of the transaction in the financial press a pointed characterization of our company."

Ways to play metals from gold to copper and tungsten in a market with weak price movement.

Davis’ X2 Resources has already built a war chest of almost $4 billion and is believed to be asking JPMorgan for US$8bn loan to back up a formal offer to BHP.

Copper concentrate was up 40% and gold was up 18% from 2012.

Copper's the only commodity in a net short position. With news China is adding to strategic stockpiles, hedge funds are scrambling to find 375m pounds they don't have.