Markets single - MINING.COM

Markets single - MINING.COM

Copper $ 5.8395 / lb 2.81%

Brent Crude Oil $ 60.64 / bbl -2.74%

Palladium $ 2023.3 / ozt 9.99%

Crude Oil $ 56.74 / bbl -2.76%

Natural Gas $ 4.366 / Btu 4.05%

Silver Futures $ 77.196 / ozt 6.15%

Aluminum Futures $ 2964.5 / ton -0.20%

Micro Gold Futures $ 4585.7 / ozt 1.51%

Micro Silver Futures $ 77.196 / ozt 6.74%

Platinum $ 2471.4 / ozt 7.77%

Gold Futures $ 4552.7 / ozt 0.65%

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China-US trade war disrupting metal markets, sparking volatility

A swift deterioration in China-US trade talks hit global financial markets this week as investors faced the prospect of an escalation rather than an end to a 10-month-old trade war.

Reuters | May 7, 2019 | 11:39 am

Norway’s KLP fund cuts coal exposure

Norwegian pension fund manager KLP has sold $366m of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American.

Reuters | May 7, 2019 | 11:24 am

Chile copper mine production slides in first quarter – Cochilco

Cochilco said world top copper miner Codelco saw output drop 17 percent from the same period in 2018 to 371,000 tonnes.

Reuters | May 7, 2019 | 11:05 am

IAMGOLD stock sinks over 12% as Q1 results fall short

The Toronto-based gold miner reported an adjusted net loss of $2.2m, or roughly $0 per share, falling short of analysts' expectations of $0.01 per share.

MINING.COM Staff Writer | May 7, 2019 | 10:54 am

Gold imports by India are said to have jumped ahead of festival

Inbound shipments grew to 121 tons last month from 52.8 tons a year earlier.

Bloomberg News | May 7, 2019 | 10:18 am

Norway is using its wealth to lead an exodus from coal

A law set to pass in June will see the Norwegian Oil Fund divest more from coal, and invest over $20B in renewable energy.

Reuters | May 7, 2019 | 10:12 am

ArcelorMittal to cut iron ore output, slash jobs in Bosnia

Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September.

Reuters | May 7, 2019 | 9:35 am

Gold glitters in India during key festival as prices dip

A rise in consumption by the world's second-biggest gold consumer could help global prices which are currently hovering near a 4-month low.

Reuters | May 7, 2019 | 9:17 am

Iron ore tugged between Brazilian supply shock, Trump’s trade war

Brazil shipped 18.34 million tonnes of iron ore in April, down 17% from the prior month and a massive 29% from the same month a year earlier.

Reuters | May 7, 2019 | 9:07 am

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