Copper price & coronavirus: Don’t expect small SARS-like impact
Copper rebounds, but two new reports warn that coronavirus impact could be much greater than SARS: For one, China did not consume 50% of the world's copper in 2003.
Latest Stories
US rare earths production up 44% in 2019 — report
Overall US metal mine production in 2019 was estimated to be $28.1 billion, or almost $500 million higher than in 2018.
IAMGOLD updates resource estimate for Pitangui project
Estimate on Brazil project comprises indicated resource of 3.33 million tonnes grading 4.39 grams per tonne gold for 0.47 million contained ounces.
JPMorgan’s role in metals spoofing is under US criminal probe
U.S. authorities have already charged bank traders who worked in New York, London and Singapore with manipulating thousands of orders for gold and silver futures
Virus-hit China may need more imports of coal. The tricky part – shipping it
Number of ships waiting outside Australia's Newcastle harbor was at an 18-month high of 20 vessels.
China’s metals import hunger shifts towards raw materials
China’s giant aluminum machine needs a lot of bauxite and imports topped the 100 million tonne level for the first time in 2019
LME to keep open-outcry closing prices after electronic trial
During a consultation period, some LME users said it was difficult to obtain guaranteed execution against closing nickel prices when the electronic system was used
Low oil prices for ‘foreseeable future’ led to Suncor writedown
The impairment was necessary as Suncor adjusted its global oil price forecast down about $10 per barrel.
Sibanye-Stillwater doubts it will become owner of world’s deepest gold mine
AngloGold is selling the asset, its last operation in South Africa, as it pursues higher returns elsewhere
