Commodity Exchange

Mining News Pro - Australia’s mid-tier mining companies have outperformed the remainder of the mining sector in 2020, according to statistics from Pricewaterhouse Coopers (PwC).

Mining News Pro - Canada’s Teck Resources announced that it has increased its steelmaking coal sales to China for Q4 2020 in response to increased demand.

Mining News Pro - With the brent crude oil price continuing to rise in November, following reports of a second highly effective Covid-19 vaccine nearing emergency approval in the coming weeks, financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) expects a sharper recovery in oil demand in 2021.

Mining News Pro - Copper prices set fresh multiyear highs on Monday over worries about possible supply disruptions following unrest in Peru and optimism about the launch of a Chinese futures contract open to international investors.

Mining News Pro - It’s been a tumultuous four years for US commodity industries that found themselves a key focus of the White House through its aggressive trade policy agenda.

Mining News Pro - The copper price on Friday attempted a fresh two-and-half year high, as Chinese smelters scramble to pick up concentrate on the spot market amid a political row between Beijing and Canberra.

Mining News Pro - Canadian miner Barrick Gold posted a near three-fold jump in quarterly adjusted profit on Thursday and increased its dividend, benefiting from a surge in gold prices fuelled by widespread coronavirus stimulus measures unveiled globally.

Mining News Pro - Africa-focused Rainbow Rare Earths has inked an agreement with Bosveld Phosphates to co-develop the Phalaborwa rare earths project in South Africa

Mining News Pro - Commodity traders steadied themselves for a potentially wild ride as voting wrapped up across the eastern US in a historic year that’s seen more than nine-million Americans infected by the coronavirus, a crash in global demand for goods and sub-zero oil prices.

Mining News Pro - Global ratings agency S&P recently undertook positive rating actions on three South Africa-based miners – AngloGold Ashanti, Gold Fields and Sibanye-Stillwater – based on accelerated deleveraging.

Mining News Pro - Copper has touched $7,000 per metric tonne on the London Metal Exchange, having climbed roughly 60% from a late-March nadir.

Mining News Pro - While the Minerals Council South Africa welcomes government’s steps to support domestic ferrochrome production and the chrome value chain, it has expressed disappointed at government not addressing competitiveness in its Cabinet statement delivered in the week of October 23.

Mining News Pro - According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal’s use in widespread applications, from power generation and electricity distribution to iPhones.

Mining News Pro - Vale produced more iron ore than expected last quarter amid a record haul at its newer mines in northern Brazil, in the latest sign of rising supplies that have stalled a rally in prices

Mining News Pro - The copper price was once again within sight of more than two-year highs on Monday and nickel reached an 11-month peak after Chinese data showed growth in the world’s second-largest economy is gathering momentum.

Mining News Pro - Gold miner Newcrest Mining has started trading on the Toronto Stock Exchange under the symbol NCM.

Mining News Pro - Fund managers have trimmed their exposure to copper after a mini price crash over the first two days of the month.

Mining News Pro - Canada’s Yamana Gold has been officially admitted on the London Stock Exchange, one of the world’s oldest markets, where it will begin trading its shares next week under the ticker AUY.

Mining News Pro - Copper output from the world’s top ten producers declined by 3.7% year-on-year collectively during the second quarter of 2020, according to GlobalData, a UK-based data analytics and consulting company.

Mining News Pro - Copper miners in Zambia have halted $2 billion of planned investments because a royalty tax introduced last year makes the projects unviable, according to an industry lobby group.

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