Iron ore price falls nearly 4% after Goldman’s China property warning
The investment bank said in a note that it sees persistent problems in Chinese real estate.
MINING.COM Staff Writer
Posts by MINING.COM Staff Writer:
Norway considers opening Germany-sized area to deep-sea mining
The country’s energy ministry plans to submit to parliament in the next two weeks a proposal to open an area close to Svalbard to applications for exploration and extraction.
Copper price rises as China’s factory activity accelerates
The Chinese manufacturing activity unexpectedly swung to growth in May.
Iron ore price up on China stimulus hopes
Market commentators continue to speculate about China rolling out additional stimulus to support its economic recovery.
Copper price falls amid fading momentum in China
Profits at China's industrial firms slumped in the first four months of 2023.
Iron ore price drops below $100 as worries over China demand grow
A weaker yuan added to the gloomy mood.
China fears send copper price below $8,000
Metal fell below $8,000 a tonne for the first time in six months as prospects for a quick rebound in China’s economy dim.
Copper-gold ratio suggests recession ahead
The Gundlach ratio, which measures the relationship between copper and gold, is trading near the lowest levels since the start of 2021.
Copper price rebounds on optimism over US debt talks
Wider financial markets marched higher after Democratic negotiators told President Joe Biden on Friday that they are making "steady progress" in talks with Republicans.
Gold price steadies as inflation revives higher-rate bets
Gold prices consolidate near $4,700/oz as US consumption slows, aligning with market expectations.