Copper price down as China industrial profits slow
Profit growth at China’s industrial firms slowed again in May as surging raw materials prices squeezed margins and weighed on factory activity.
Latest Stories
FBI hunt for Civil War gold detailed in unsealed affidavit
A tonne or more of gold mined in California and destined for the US Mint in Philadelphia when it disappeared in 1863 could be buried in cave located inside a 217,000-acre state forest, according to a special agent's findings.
Callinex gets set for follow-up drilling at Nash Creek, stock surges
The drilling will follow up on two silver discoveries made in the Bathurst mining district of New Brunswick last year.
Iron ore price up as China port stocks hit over 8-month low
Imported iron ore stocked at Chinese ports dropped for a fourth straight week to 123.95 million tonnes, as of Friday, hitting the lowest level since early October.
Rare earths miner Strategic Materials secures loan for project construction
The company secured a $151.68 million loan to develop its flagship Dubbo rare earths project in New South Wales.
Russell: Commodity outperformance switching to energy from metals
The rally in commodity prices is likely to see a shift from metals to energy resources, such as crude oil, liquefied natural gas (LNG) and coal.
Condor Gold hails drill intercept at Nicaragua prospect
Gold intercept at the Cacao prospect, located about 4 km from a planned processing plant, is the best to date.
China approves expansion of capacity of coal mine in Xinjiang region
The approval granted to Shaduizi coal mine, located in Sandaoling mine area in the northwestern region.
Nornickel sees $500m hit from new export duties – RIA
Russia has introduced temporary new export taxes for steel products, nickel, aluminum and copper.
