May 26, 2023

Metals markets face grueling summer as Chinese demand falters

Copper has dived below $8,000 a tonne and iron ore is trading south of $100.

May 25, 2023

Gold price down to 2-month low on US debt talk progress

Gold has been trending down this week on robust US economic data.

May 25, 2023

BHP confident China property recovery will boost metals demand

Weaker-than-expected construction, particularly in the property sector, has pushed iron ore below $100 a tonne.

May 25, 2023

Tin prices rise on Myanmar supply worry

A detailed plan to suspend all mining activities in a region controlled by Myanmar's ethnic Wa militia force from August 1 was released earlier this month.

May 25, 2023

Billionaire Friedland says copper market weakness is temporary

The note of confidence from Friedland comes after China’s economic activity disappointed expectations since strict pandemic restrictions were removed late last year.

May 24, 2023

Iron ore price drops below $100 as worries over China demand grow

A weaker yuan added to the gloomy mood.

May 24, 2023

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.

May 24, 2023

Commodity bull Goldman says ‘we were wrong’ but sticks to view

The investment bank says its forecasts for major rises in raw materials this year hadn’t panned out so far, but calls for a major rally.

May 23, 2023

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.

May 23, 2023

St Barbara ends talks with Silver Lake on Leonara bid

Silver Lake had raised the cash component of the proposal by A$44 million after St Barbara rejected its earlier offer of A$707 million.