Commodities will rally when the Fed cuts rates, Invesco says
Commodities usually rally when central banks cut interest rates, bolstering the case for going long raw materials in the coming months, according to Invesco Ltd.
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Visit: 66
Goldman veteran Jeff Currie remains bullish on commodities this year
Mining News Pro - Jeff Currie, who spearheaded commodities research at Goldman Sachs Group Inc. for almost three decades, remains bullish on the sector for this year.
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Visit: 94
Top 10 sustainability predictions for commodities in 2024
Mining News Pro - Global mining and metals sector consultancy CRU has released its top 10 sustainability predictions for commodity markets in 2024, covering topics that were already hot this year. These include reporting standards, nature conservation, climate action, carbon pricing and critical raw materials.
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Visit: 106
A new record on the module 2 of KSC steel reduction unit
Mining News Pro - A new record has been registered on the module 2 of KSC steel reduction unit.
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Visit: 118
HSBC takes stab at using blockchain to modernize London’s antiquated gold market
Mining News Pro - One of the world’s top bullion banks is bringing blockchain to the antiquated London gold market.
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Visit: 180
‘Evenly balanced’ risks means lower commodity prices, but robust volumes
Mining News Pro - The heat is coming out of global commodity prices and the risks to the outlook are “evenly balanced”.
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Visit: 164
Khuzestan Steel Company modifying their consumption pattern
Mining News Pro - The CEO of Khuzestan Steel Company, said: "The culture of consumption in our company should be institutionalized, of course, the aim is not to eliminate costs absolutely, but to control costs." There is a need to make past experiences a beacon for the future.”
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Visit: 254
More than 50 firms want in on new lithium-mining model in Chile
Mining News Pro - Mining companies are jostling to negotiate lithium deals under a new government model in Chile.
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Visit: 106
Glencore half-year profit drops 50% as commodity prices ease
Mining News Pro - Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders as disappointing Chinese demand weighs on commodity prices, while the volatility that its traders thrive on has eased dramatically since last year.
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Visit: 187
China Baowu wants new models of cooperation with Vale
Mining News Pro - The world’s largest steelmaker China Baowu Steel Group Corporation has held talks with Brazilian iron ore miner Vale on potential opportunities for future cooperation, according to an update on its WeChat account on Thursday.
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Visit: 190
The hottest trade in equity options is spreading to commodities
Mining News Pro - Commodity investors are following a hot trend in equities trading, using short-term options to bet on events from jobs and crop reports to OPEC meetings.
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Visit: 112
Uranium price showing resilience relative to other commodities
Mining News Pro - The U3O8 uranium spot price fell slightly from $50.85 to $50.70 in March and remains up 4.93% year-to-date as of March 31, 2023, showing strength relative to other commodities, which declined 6.47% YTD (as measured by the BCOM Index), Sprott Asset Management said in its latest uranium report.
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Visit: 219
Chile moves ahead with public-private lithium model via Codelco
Mining News Pro - Chilean state-owned copper companies Codelco and Enami are holding talks with private-sector firms to develop lithium deposits in a country that holds the world’s biggest reserves of the battery metal.
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Visit: 144
BHP expects China to underpin commodities demand in 2023
Mining News Pro - China is set to be a stabilizing force for commodities demand this year as developed nations face economic headwinds, BHP Group Ltd said on Thursday as it posted higher quarterly iron ore shipments that edged past expectations.
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Visit: 213
China didn’t drive commodity markets in 2022
Mining News Pro - China’s commodity trade data for 2022 shows that prices and volumes weren’t driven by the world’s biggest buyer of natural resources. The question now is whether 2023 will see China reassert its dominance as the main driver of commodity markets.
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Visit: 294
And the winner for most volatile commodity this decade goes to…lithium
Mining News Pro - Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China, inflation plagued the developed world and the Ukraine war upended global energy.
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Visit: 203
Transformed Dolly Varden Silver in discovery mode, says CEO
Mining News Pro - Looking back on the past two years since he took the reins as CEO of Dolly Varden Silver, Shawn Khunkhun points to a critical acquisition the company made in December 2021 as being the lynchpin to the company’s recent exploration and fundraising success.
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Visit: 199
Which commodities are Leading the 2022?
Mining News Pro - Industrial metals, iron ore and rubber are on track to finish in negative territory, pushed down in 2022 by China’s strict zero-covid policy and fears of a world recession.
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Visit: 236
Aluminium will face macroeconomic headwinds in Commodity News 02/12/2022
Mining News Pro - Aluminium prices have been highly volatile in 2022 due to the Russia-Ukraine war, logistical issues, increasing recessionary fears and the Covid-19 pandemic.
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Visit: 265
Goldman sees support for global commodity prices from mid-2023
Mining News Pro - Prices of commodities from oil to metals have been pummeled by a strong US dollar this year as the Federal Reserves hiked interest rates aggressively to curb inflation.
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Visit: 352
Commodity markets are contending with a growing liquidity crisis
Mining News Pro - Commodity markets are struggling to shake their months-long liquidity crisis that’s brought an era of erratic swings in the value of the world’s raw materials.
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Visit: 750
China’s hunger for commodities is wavering after years of growth
Mining News Pro - China’s imports of key commodities face some mighty headwinds in the second half, which could spell trouble for the producers around the globe that rely on its economic engine to power demand for their energy, food, and materials.
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Visit: 416
New 3D geological model expected to help guide exploration of rare earth elements
Mining News Pro - Scientists from the University of Exeter and the British Geological Survey (BGS), alongside a team of institutions across Europe, have developed a new 3D geological model designed to guide the exploration of rare earth elements.
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Visit: 935
Australia sees commodities boom lifting exports to fresh record
Mining News Pro - Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and natural gas.
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Visit: 603
Banks step up trade finance in global commodities boom
Mining News Pro - Major banks are ratcheting up funds for the global commodities trade as Russia’s war in Ukraine drives up prices for everything from crude oil to corn.
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Visit: 685