Copper price slips as Chinese demand outlook comes into focus
Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand conditions in China.
Latest Stories
Iron ore price posts best monthly gain since June 2023
Outlook for the ferrous sector is neutral to slightly bullish due to China's latest move to boost infrastructure spending.
Anglo spinoffs will ‘very likely’ need South Africa approval
Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.
Glencore now sees FY trading division profit between $3bn-$3.5bn
However, the company left its full-year production forecast unchanged.
Mosaic sells Saudi JV stake to Ma’aden in $1.5 billion deal
Mosaic and Ma'aden have been partners in the $8 billion Ma'aden Wa'ad Al Shamal Phosphate venture for over a decade.
Gold price rally could cut India’s demand to four-year low – WGC
Demand for gold from India could stand between 700 metric tons and 800 metric tons in 2024.
Gem Diamonds finds yet another big stone in Lesotho
The 118.74 carats diamond is the fifth greater than 100-carat precious stone recovered this year at Letšeng mine.
Bank of Korea rules out immediate gold buying, may consider it long-term
In June 2023, the BOK said it was more desirable to maintain dollar liquidity than boost its gold holdings.
Australia’s Tietto asks investors to accept Zhaojin’s offer or sell shares
Zhaojin declared its bid to be unconditional on April 24, making it impossible for Tietto shareholders who had already accepted the offer to now withdraw.
