Hedge funds Andurand and Rokos took big copper bets before spike
The trades are part of a broader deluge of investment into the copper market, with the value of long positions held by fund managers in London and New York futures tripling this year.
The trades are part of a broader deluge of investment into the copper market, with the value of long positions held by fund managers in London and New York futures tripling this year.
G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) updated its resource for the OKO-Aremu project in Guyana in April and plans to do so again by […]
The People's Bank of China was the largest official sector buyer of gold in 2023.
The government has also set a 12-year period for the payments to be made.
Resource estimate for the Nairoto project suggests the presence of 103,000 ounces of gold averaging over two grams per tonne.
Recent moves by cash-flush energy traders are raising tensions and sparking a scramble for contracts.
The company has already sold zinc assets in Peru, and some of its smaller copper operations.
The striking employees at Kroondal were aggrieved to not have received the annual ESOP payments made last Friday to Rustenburg and Marikana employees.
Last year, the trader revealed it had paid nearly $600 million for nickel only to discover that the cargoes contained worthless rubble.
South Korea is planning to increase development aid for Africa to $10 billion over the next six years.