Outlook positive on Chinese demand for metals despite trade dispute — report
China's domestic demand for industrial metals will be supported in Q419 and 2020 as the government gears up to provide additional targeted stimulus.
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The Asian market for Alberta crude
In 2018 more than C$1 billion worth of Alberta crude was exported by tanker via Vancouver, with one-third going to China.
US appeals court revives aluminum antitrust cases vs Goldman, JPMorgan, Glencore
Purchasers accused banks and commodity trading, mining and metals warehousing companies of conspiring to hoard aluminum inventory earlier this decade.
UBS says it’s staying long gold as price now destined for $1,600
Gold is proving its worth as a haven this year as the two largest economies trade blows.
Pentagon in talks with Australia on rare earths plant — official
The news comes as China threatens to curb exports to the United States.
Strike action pushes Sibanye into the red in first half
Gold production was hit by the strike that ended in April and cost Sibanye more than $100 million in lost revenue.
Amplats completes buyout of prospecting rights from Atlatsa
As part of the deal, the platinum miner said it would waive debt owing by Atlatsa.
Teck’s zinc production to take hit following equipment failure
The incident could cost the miner between 20,000 and 30,000 tonnes in lost production.
New projects for battery material nickel need a price spur
Consultancy Roskill estimates most new greenfield nickel projects would need prices at $22,000 a tonne or above.