RANKED: World’s top 10 nickel projects

While the world’s top nickel suppliers are Indonesia, the Philippines and Russia, six out of this year’s top ten ranked nickel projects for 2021 are in North America, with the 1st in Ontario, Canada, and the 2nd in a seafloor deposit in the Clarion Clipperton Zone in the Pacific Ocean, between Hawaii and Mexico.

Price gains for gold, silver on short covering, value buying

Gold and silver prices are moderately higher in early U.S. trading Monday, on some short covering by the shorter-term futures traders and some perceived value buying buy traders in the cash market. April gold futures were last up $8.90 at $1,728.80 and May Comex silver was last up $0.254 at $26.165 an ounce.

Copper price rises on demand hopes

Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.

Gold, silver rebound as bond yields, USDX retreat

Gold and silver prices are solidly higher early today amid falling bond yields and weaker U.S. dollar index on this day, but mostly on corrective, short-covering bounces after gold hit a 10-month low on Monday.

Copper price up as Chinese imports surge

Copper price was up again on Monday as customs data showed China’s imports rose 4.7% for the first two months of 2021 from a year earlier, indicating stronger demand for the metal.