Copper price rises as investors recover some risk appetite
Investors weighing up the impact of the omicron coronavirus variant on economic growth turned a little more bullish after two days of selling.
Latest Stories
Last chance for Harte Gold bidders to come forward
Harte said it would have to suspend operations if it didn’t get an infusion of cash before the end of the year.
A year of walking on the wild side for industrial metals
Turbulence is in the very nature of commodities markets, but this has been a year like no other, writes Andy Home.
McEwen says Fox drilling returned up to 24 g/t gold from Stock
McEwen is working on a preliminary economic assessment for the expansion of the Fox complex.
Vale to sell Moatize coal mine to Vulcan for $270 million
Deal includes the Nacala logistic corridor, a port and rail project connecting the mine to the port of Nacala.
Global nickel supply could increase by 20% in 2022 – report
The Global Palladium Fund expects the surplus to be concentrated in low-grade nickel pig iron (NPI) and to depend heavily on an expected increase in supply from Indonesia materializing.
Noront picks Wyloo’s latest offer, BHP won’t match
At stake is the takeover target’s early-stage Eagle’s Nest nickel and copper deposit in the ‘Ring of Fire’ in northern Ontario.
Coal miners urge Manchin to rethink opposition to spending bill
America’s biggest coal mining union is calling on West Virginia Senator Joe Manchin to reconsider his opposition to President Joe Biden’s $2 trillion social and climate spending bill.
Commodities to veer between China hopes, pandemic fears
If 2021 was a year of volatility and uneven performances for commodities, then 2022 is shaping up as a rinse and repeat as uncertainty over the recovery from the coronavirus pandemic remains, writes Clyde Russell.
