Gold price near ‘danger zone’ as dollar

Mining News Pro - Gold steadied after a two-day decline as traders eyed the soaring dollar and a surge in Treasury yields amid expectations of further monetary tightening by the Federal Reserve.

Iron ore price rises as China cuts lending benchmarks

Mining News Pro - The iron ore price rose on Tuesday after China cut benchmark lending rates and lowered the mortgage reference by a bigger margin in a move to support its property market.

LME nickel volumes plunge with exchange still hostage to March trading fiasco

Mining News Pro - The volume of nickel traded on the London Metal Exchange (LME) dropped more than 40% in July as funds, consumers and producers continued to shun the market – months after trade was suspended for more than a week in March as prices dramatically spiked.

Copper price near 6-week high on softer than expected US inflation

Mining News Pro - The copper price rose on Thursday to the highest in nearly six weeks, helped by easing demand worries after US inflation data came in softer than expected.

Aluminum price pulls back on concern about Chinese construction demand

Mining News Pro - Aluminum and copper prices slipped on Wednesday on worries about declining demand after data from top metals consumer China highlighted a weak construction sector.

China July copper imports rise on-year as price slump spurs buying

Mining News Pro - China’s imports of copper rose 9.3% from a year earlier, customs data on Sunday showed, as a sharp drop in the price of the metal triggered buying appetite amid falling domestic inventories.

Gold price rises to four-week high ahead of fresh US economic data

Mining News Pro - Gold rose to the highest since early July as investors waited on fresh data to be released on the state of the US economy and the potential pace for interest rate hikes.

Glencore flags cash tied up in record trading profits

Mining News Pro - Glencore Plc, on course to report it best ever trading year, has flagged that those profitable bets have tied up more working capital than normal.

Rio Tinto, Fortescue record profits near end on price view

Mining News Pro - Australian iron-ore miners Rio Tinto and Fortescue Metals Group are unlikely to see a repeat of record profits booked in recent years as they face soaring costs, falling prices and a tight labor market.

Gold price set for longest run of weekly losses since 2018

Mining News Pro - Gold is heading for its fifth weekly loss, the longest streak of such declines in almost four years, with haven credentials sidelined by investors becoming super-bullish on the US dollar.

Wealth shock delays gold bull market as Goldman revises targets

Mining News Pro - Gold has been hit by a large “wealth shock” on the back of a weaker yuan following the economic impact of the lockdowns in China, the world’s largest consumer, according to Goldman Sachs Group Inc., which revised its price targets. Still, the worst may be over, it added.

Iron ore price sees biggest weekly gain since March on China demand optimism

Mining News Pro - The iron ore price topped up its biggest weekly gain in 13 weeks as traders tracked China’s moves to rein in covid-19 restrictions that have weighed on steel demand this quarter.

Copper price hits 8-month low on slowdown fears

Mining News Pro - Copper prices tumbled on Thursday to their lowest in 8 months as traders worried that a slowing global economy would require less metal.

Bears tip-toe back into copper market as demand fears grow

Mining News Pro - Copper prices were under pressure Monday morning, with London Metal Exchange three-month metal falling below the $10,000 per tonne level for the first time in a month.

Gold price bounces back after Fed’s rate hike announcement

Mining News Pro - Gold steadied on Wednesday after falling to a two-week low earlier as the US Federal Reserve, in a widely expected move, raised interest rates by a quarter of a percentage point.

Potential Russian oil ban pushes gold price above $2,000

Mining News Pro - Gold extended its biggest weekly advance since July 2020 amid reports of the US and its allies contemplating an embargo of Russian oil, raising concerns about higher inflation and slowing economic growth.

Gold price falls over 1% as uptick in risk sentiment drives down havens

Mining News Pro - Gold prices dropped from their highest in over a year on Wednesday as risk sentiment was buoyed by reports that Russia is ready to hold a new round of talks with Ukraine.

Gold price gains as investors weigh impact of Russia sanctions

Mining News Pro - Gold extended gains on Tuesday as investors continue to assess the risks to global growth that may stem from the sanctions against Russia in the wake of its invasion of Ukraine.

Gold price highest since June as concerns over Ukraine continue

Mining News Pro - Gold prices rose on Wednesday as concerns over the Russia-Ukraine situation lingered on, and as markets looked forward to minutes from the Federal Reserve’s last policy meeting.

China metallurgical coal futures surge on supply woes, demand recovery

Mining News Pro - Chinese ferrous futures advanced on Tuesday, with coking coal surging more than 7% to its highest level in more than three months on tight supply, while recovering steel production and downstream demand also boosted sentiment.

Aluminum price hits highest since 2008 on LME, closes in on a record

Mining News Pro - Aluminum surged to a 13-year high in London as booming demand and a swath of smelter closures from China to Europe bring the risk of shortages of the crucial industrial metal.

We Countdown the Top 10 Mining Stocks of 2021

Mining News Pro - We countdown the top 10 mining stocks of 2021. the prices show different ups and downs during the last year.

LG Energy Solution becomes S.Korea’s No.2 firm in stellar stock debut

Mining News Pro - LG Energy Solution Ltd (LGES) on Thursday saw its stock price soar 68% on its trading debut following a record IPO, catapulting the electric vehicle (EV) battery maker to the rank of South Korea’s second-most valuable company.

Supply-chain fragility sends tin price soaring to new highs

Mining News Pro - A New Year and a new record high for the tin price.

BHP to delist from London exchange as unification approved

Mining News Pro - BHP (ASX: BHP), the world’s largest mining company, will stop trading on the London Stock Exchange next week after Australian and UK investors approved plans to simplify the group’s corporate structure and have its shares listed exclusively in Sydney.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
ahan o fulad golgohar
sabasteel