MINING.COM

Copper price retreats on China demand worries

Covid-19 symptoms are spreading rapidly in China after authorities began dismantling stringent measures against the disease.

MINING.COM Staff Writer | December 12, 2022 | 8:11 am

World Gold Council sees positive 2023 outlook for gold amidst global uncertainty

Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the WGC says.

Staff Writer | December 9, 2022 | 8:13 am

Cordoba sells 50% stake in Colombian project to China’s JCHX for $100m

The Alacran project is positioned to be the largest copper mine in Colombia in the near future.

Staff Writer | December 8, 2022 | 10:23 am

Copper rises while Goldman predicts prices reaching $11,000 in a year

Copper price rose on Thursday on hopes that an easing of coronavirus controls in China will increase demand.

MINING.COM Staff Writer | December 8, 2022 | 9:56 am

BYD considers US battery plant, refrains from selling EVs after Biden Inflation Act

BYD is pursuing a dedicated cell production site in America, buoyed by robust consumer demand for EVs.

Bloomberg News | December 8, 2022 | 8:35 am

US floats new steel, aluminum tariffs based on carbon emissions

Countries with emissions exceeding the standards would pay higher tariffs when exporting metals to countries with lower emissions.

Reuters | December 7, 2022 | 6:09 pm

China reveals gold buying after quarter of mystery purchases

China reported an increase in its gold reserves for the first time in more than three years.

Bloomberg News | December 7, 2022 | 7:52 am

China’s iron ore imports up 4% on month as steel outlook improves

Buyers are stocking up ahead of the end of the year and in anticipation of support from Beijing for the struggling property market.

Reuters | December 7, 2022 | 7:40 am

Red-hot lithium price rally cools as China’s BYD flags surplus

The battery material in China has continued to retreat from the all-time high hit last month as signs of demand weakness weigh on the market.

Bloomberg News | December 7, 2022 | 7:35 am

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Western miners seek premium pricing for rare earth metals to break China grip

China’s state-backed iron ore giant says prices are too high

Codelco cuts 2024 copper premium to China, changes contract structure

Iron ore price retreats as China’s bourse plans to limit trading volumes

China extends run of gold buying that’s helped support prices

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