Fresnillo plc reported on Tuesday its interim results for the first half of 2021, showing a substantial increase in profitability on the back higher metal prices as well as improved production.
Column: China's copper appetite wanes just as U.S. grows hungry
The country sucked in a record 4.67 million tonnes of refined copper last year, making it the single most important physical driver of the pandemic recovery rally.
From miners to big oil, the great commodity cash machine is back
Just over five years ago Anglo American Plc was in deep trouble.
Gold price edges up as ISM Manufacturing Index disappoints in July
Gold prices ticked up as the headline manufacturing index from the Institute for Supply Management came in below expectations in July.
High metal prices, covid-19 increase miners’ exposure to cyberattacks – report
As metal prices are hovering around all-time highs and mining companies are enjoying some of their best years with exceptional margins – a resilience that is expected to continue through 2021 – Fitch Solutions Country Risk & Industry Research published a report highlighting how this scenario increases the importance of cybersecurity defence in the mining industry.
It’s true, gold is breaking out to the upside
Gold has finally broken out to the upside with Thursday’s bullish action.
Copper price: After China ban, Australia had no problem finding new concentrate buyers
Copper was an early victim of the increasingly fraught relations between Canberra and Beijing and Chinese imports of concentrate have fallen off a cliff since November last year under a ban that was never made official.
Gold Up as Fed Policy Decision Fails to Provide Asset Tapering Timeline
Gold was up on Thursday morning in Asia to its highest level in over a week.
Gold price trades near daily highs as U.S. Q2 GDP comes in well below expectations
The U.S. economy grew less than expected in the second quarter, the U.S. Commerce Department said on Thursday.
Sylvania posts quarterly platinum group metals production in line with expectations
South African platinum group metals producer Sylvania announced today that for the quarter ended 30 June 2021, the company produced 16,289 4E PGM ounces at its Sylvania Dump Operations in South Africa.
METALS-Copper hovers near 6-week highs as markets await the Fed
Copper prices sat near six-week highs on Wednesday as investors waited for details from a Federal Reserve meeting that could shift expectations for U.S. monetary policy.
Gold price at daily highs as U.S. durable goods disappoint in June
Gold was trading at daily highs after the newly released data showed that orders for long-lasting U.S. factory goods were up 0.8%% in June versus the expected advance of 2.1%.
Copper price highest in 6 weeks as flooding in China raises supply concerns
Copper prices jumped on Monday as floods in China sparked demand hopes at a time when inventories are falling.
Gold, silver and bitcoin rise ahead of the European open
After a tough end to last week gold has started the week on the front foot rising 0.23% in the Asia Pac session.
Record profits and blockbuster dividends: Here come the miners
The world’s biggest mining companies are about to start revealing how much cash they’re churning out from this year’s commodity boom.
