China’s central bank refrains from gold purchases for a second monthChina held 72.80 million troy ounces of gold at the end of June, unchanged from the end of May.Reuters | July 6, 2024 | 7:43 pm
Copper price surpasses $10,000, expected to rise further, says CitigroupLonger term, the metal has a chance to reach $12,000…Staff Writer | July 5, 2024 | 8:27 am
Iron ore price slumps from one-month high as demand concerns persistAlthough all major Chinese cities have rolled out measures to tackle a…Bloomberg News | July 5, 2024 | 7:23 am
Column: Raw materials squeeze jolts copper out of its torpor The copper market has awoken from its year-long slumber. Reuters | March 15, 2024 | 7:55 am
Column: Iron ore faces China fundamentals and sentiment hurdles Overall, the outlook for China's iron ore demand has darkened after the strong start to 2024. Reuters | March 15, 2024 | 7:48 am
Copper price surges on supply threat as iron ore shows economic risks Prices for two of the world’s most important mined commodities are diverging quickly. Bloomberg News | March 15, 2024 | 7:14 am
Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo. Reuters | March 14, 2024 | 12:50 pm
China to invest in Canadian mining despite crackdown, envoy says Ambassador Cong Peiwu said the Canadian government is “wrong” to prevent Chinese investors from buying majority stakes in domestic mining companies, like it did in 2022. Bloomberg News | March 14, 2024 | 9:01 am
China’s North Copper may curb production amid supply shortage The news comes as major Chinese smelters scramble to secure raw material supplies after their profit margins were hit by shortages of copper ore. Reuters | March 14, 2024 | 6:49 am
Traders pile into bullish copper options as output cuts loom Total options volume spiked to more than 52,000 contracts, according to exchange data. Bloomberg News | March 13, 2024 | 5:16 pm
The big lithium short gets ‘dangerous’ on lower supply outlook UBS and Goldman Sachs have trimmed their 2024 supply estimates by 33% and 26%, respectively. Bloomberg News | March 13, 2024 | 3:07 pm
Copper price soars to 7-month high on China’s plans to cut output China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing. Staff Writer | March 13, 2024 | 9:29 am