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Today s Market View - Empire Metals; Bushveld Minerals; IronRidge Resources; Scotgold Resources; Vast Resources and more

Today s Market View - Empire Metals; Bushveld Minerals; IronRidge Resources; Scotgold Resources; Vast Resources and more
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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Copper hits 10-year high on supply concern, easing dollar | Hellenic Shipping News Worldwide

Copper hits 10-year high on supply concern, easing dollar Shanghai copper prices hit their highest in over 10 years while the London contract jumped to near a decade high on Monday as supply concerns and a weaker dollar boosted prices. The dollar edged lower amid speculation U.S. Federal Reserve Chairman Jerome Powell will shun talk of tapering bond purchases at a policy meeting this week, making greenback-priced metals cheaper to holders of other currencies. Meanwhile, a potential strike in top producer Chile threatened supply. “We are in for a good run higher as we are having supply issues. Chilean port workers threatening to strike, which is a short-term issue, but will cause some trouble for shipments into China in an already tight concentrate market,” said commodities broker Anna Stablum of Marex Spectron.

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Copper mine production picks up by 4% year over year in January

Copper mine production picks up by 4% year over year in January
agmetalminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agmetalminer.com Daily Mail and Mail on Sunday newspapers.

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RPT-COLUMN-Copper smelter terms at rock bottom as mine squeeze hits: Andy Home

7 Min Read (Repeats story filed on April 13 without changes. The opinions expressed here are those of the author, a columnist for Reuters.) China s raw material imports: tmsnrt.rs/3dXqcax LONDON, April 13 (Reuters) - Copper’s turbo-charged rally has stalled over the last few weeks as funds have taken profits and physical buyers have refused to chase prices higher. London Metal Exchange (LME) three-month copper hit a near 10-year high of $9,617 per tonne in late February but is now idling just below the $9,000 level, last trading at $8,910. Spirits have been dampened by a rebuild in LME stocks, which have more than doubled to 168,500 tonnes from a February low of 73,500 tonnes. Market optics don’t look as bullish as they did.

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FOCUS: High-stakes labour negotiations await Chile s copper miners in H2 2021

FOCUS: High-stakes labor negotiations await Chileâs copper miners in H2 2021 Chileâs copper miners face the biggest set of labor negotiations in years, but with prices expected to maintain current highs, how high is the risk to output disruptions? Fastmarkets investigates. More than 40 labor negotiations are due to take place this year at mines in Chile, the worldâs leading copper producer, against a backdrop of almost decade-high metal prices and elections set to be hotly contested in a country where the Covid-19 pandemic remains critical. Negotiations will start in the coming months amid rising copper prices and an expected growth in demand due to âgreen energyâ efforts around the world and improving economies following the end of the respective recent waves of the Covid-19 pandemic.

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