Here we go again: copper headed to bear market land
The metal lost almost 7% this week.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Top pension funds oppose Barrick Gold co-chairman compensation
Group said it will vote against members of Barrick’s compensation committee at next week’s annual meeting.
Swiss to vote on whether their central bank can sell gold reserves
Initiative also seeks to force the bank to keep at least 20% of its assets in the metal.
Anglo logs upbeat results, but Minas Rio, Amplats still a thorn in Cutifani’s side
The miner's first-quarter output was higher across most commodities including copper, iron ore and diamonds.
Congo’s Katanga province rejects ban on copper exports
Governor Moise Katumbi said the province lacks capacity to process all the ore itself.
Rio Tinto’s Walsh promises investors $5bn in cost savings
Aside from selling assets and slashing jobs, Walsh said the company will improve performance at all operations.
More than a third of US firms not ready for conflict minerals rules
American component manufacturers will have to prove they don't use conflict minerals by May next year.
Unique pink diamond fetches almost $40 million in NYC
It is the second-highest price ever paid for a gem sold at auction.
Copper hammered again, lowest level in 18 months
Copper prices dropped for the second straight day on Thursday.
Congo bans copper, cobalt concentrates exports
Measure aims to push miners to add value to the commodities, before shipping them outside the DRC.
Tiernan Gold set to debut on TSX Venture Exchange
Tiernan Gold heads to the TSXV with a flagship Chile project and Hochschild as its top shareholder.
