Commodities set for worst week since start of pandemic
Metals markets hurt by double whammy from the US Federal Reserve and China's Strategic Reserves.
MINING.COM Staff Writer
Posts by MINING.COM Staff Writer:
Chinese carbon peak by 2030 involves a major shift to renewables, says CRU
During this transition period, Chinese companies need to find solutions to reduce carbon emissions.
Iron ore price rises on China’s record crude steel monthly output
The world's top steel producer churned out 99.45 million tonnes of crude steel in May, data from the statistics bureau showed.
Copper sinks to two-month low on China’s plan to release reserves
The US Federal Reserve also brought forward its expectations for raising interest rates, sending the dollar higher and sapping demand for metals.
Gold price dives past $1,800 as Fed signals earlier rate increases
Bullion declined the most in five months on Wednesday as the Fed signalled it might raise interest rates sooner than expected.
Canada, Australia may have to help America achieve the electrification dream
Adamas Intelligence suggests the top destinations where US president Joe Biden would look for battery metals for his recently announced EV plan.
3Aces exploration continues despite positive covid case
Seabridge says one contractor tested positive for covid as the Yukon sees a spike in caseloads.
Copper price and China reserves: sell on rumor, buy on fact
Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets, but copper prices rose more than 1% on the news.
Nouveau Monde launches public offering, private placement to raise nearly $100m
Net proceeds would be used towards the development of the Matawinie graphite property and li-ion battery anode plant.
Iron ore prices fall on increasing supply from miners
Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up by 1.1 million tonnes from the week earlier, data from Mysteel consultancy showed.
Food security is national security: Potash gets ready for a closeup
The Department of the Interior released a draft 2025 list of 54 minerals critical to the US economy, including potash.
