Trader buys $36 million of copper and gets painted rocks instead
The bizarre case highlights commodity traders’ vulnerability to fraud, even when security and inspection controls are in place.
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Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC
“It's a fundamental shift – people are investing from a different, or an evolved perspective."
Copper price falls as China imports look “far from bullish”
Shares of major miners also fell in London trading, with BHP down 2.4%, Rio Tinto down 3.6%, Glencore -2.44%, and Antofagasta -1.25%.
China’s green push kicks off with a new $10bn coal project
The decision by Ningxia and its timing is evidence that coal will still play a major role in China’s energy mix for the foreseeable future.
Russel: China’s lacklustre commodity imports throw spanner in new super-cycle works
Overall, the picture that emerges from the commodity import data is that China is at best ticking along.
Gold price returns above $1,700 in ‘short-term bounce’
While gold may extend gains near term, fundamentally, the pendulum swings in favour of bears, says analyst.
Home: Battery metals buzz is back as Europe reboots EV sector
Cobalt and lithium have jumped back to life in 2021, with prices rallying hard in January and February.
Chile copper export revenue surges 65% in February as prices soar
Surging copper shipments helped boost overall exports 41% to $7.071 billion in February.
Peru mines minister predicts record copper output for 2021
Andean nation expects to hit a record copper output of 2.5 million tonnes in 2021.
