Global steel body hikes demand forecasts, but says risks remain

Between 100–150kt of copper will be off the market.

The world's 40 largest miners announced a massive $45 billion in writedowns last year.

Parties are currently considering a potential restructuring deal to form a joint venture that would own Centerra's flagship Kumtor project.

China hosts less than 5% of the world's known gold reserves, while domestic mines are often readily exhausted.

"China's mines are considered among the world's deadliest due to lax safety regulation, corruption and poor operating procedures."

Iron ore, molybdenum and nickel are the main commodities executives see as having the highest likelihood of depreciating in value over the next three years.

The world's No. 2 copper mine has been practically halted from May 14 at estimated cost of about $15 million a day in lost production.

Barring state-run firms from importing gold and making the metal less attractive as an inflation hedge also being considered.

Indonesia orders all production stopped at Freeport mine until an independent investigation – which is expected to take two months – is completed.