Metals News Results

  • Biden Stimulus Adds Fuel to Copper Rally

    Investors are ramping up wagers that the Biden administration's focus on economic stimulus and electric vehicles will turbocharge a monthslong climb in copper and other industrial metals. Even though they slid alongside other commodities Friday, most actively traded copper futures are still up more than 2% so far in 2021 and near their highest level since early in 2013. They have been lifted by buoyant demand from China and wagers that an improving global economy will...

  • U.S. judge authorizes sale of Citgo parent shares despite Treasury ban

    A U.S. judge approved the sale of shares in Venezuelan-owned refiner Citgo's parent company to pay Canadian gold miner Crystallex a $1.4 billion judgment for expropriation of its assets, even as the Treasury Department blocks the sale of the shares.

  • China Shanghai Gold Futures Closing Prices, Volume

    Friday, January 15 2021 Gold Turnover: 200,143 lots Open High Low Settle Prev. Change Vol Open Settle Interest Jan-21--- 385.00 385.00. 00 0 0 Feb-21 385.64 389.20 384.76 386.78 386.92-. 14 48,416 19,825 Mar-21 408.00 408.00 386.66 388.94 387.94 1.00 127 58 Apr-21 384.88 389.60 384.88 387.00 387.34-. 34 30,926 27,778 Jun-21 386.50 390.18 385.84 387.88 387.92-. 04 97,553 110,771 Aug-21 387.98 391.62 387.20 389.26 388.94. 32 17,056 11,395 Oct-21 389.14 392.60 388.52 390.48 390.18. 30...

  • China Shanghai Gold Futures Closing Prices, Volume

    Thursday, January 14 2021 Gold Turnover: 171,505 lots Open High Low Settle Prev. Change Vol Open Settle Interest Jan-21--- 385.00 385.00. 00 0 0 Feb-21 387.18 388.96 383.00 386.92 386.18. 74 62,634 20,030 Mar-21 388.22 389.76 386.14 387.94 388.46-. 52 45 47 Apr-21 388.04 389.46 383.58 387.34 387.52-. 18 26,637 29,314 Jun-21 388.98 390.34 384.30 387.92 388.18-. 26 67,055 107,118 Aug-21 390.62 391.80 385.90 388.94 390.24 -1.30 11,616 13,363 Oct-21 391.74 393.00 387.12 390.18 391.22...

  • Rio Tinto reaches deal to continue NZ aluminium smelter ops till 2024

    Global miner Rio Tinto said on Thursday it had reached an agreement with electricity provider Meridian Energy (MDDNF) to allow its aluminium smelter in New Zealand to continue operations until December 2024. Rio Tinto had said in July that it would close New Zealand's Aluminium Smelter, which is the country's single largest power user, due to high costs and a challenging market.

  • Rio Tinto says NZ aluminium smelter to continue operations till 2024

    Global miner Rio Tinto said on Thursday it had reached an agreement with Meridian Energy (MDDNF), an electricity provider, which would allow its aluminium smelter in New Zealand to continue operations till December 2024.

  • China Shanghai Gold Futures Closing Prices, Volume

    Wednesday, January 13 2021 Gold Turnover: 206,524 lots Open High Low Settle Prev. Change Vol Open Settle Interest Jan-21--- 385.00 385.00. 00 0 0 Feb-21 387.54 388.68 384.02 386.18 384.68 1.50 80,959 20,228 Mar-21 388.94 390.16 385.20 388.46 386.24 2.22 31 47 Apr-21 388.46 389.54 384.88 387.52 385.82 1.70 28,707 30,014 Jun-21 389.70 390.48 385.62 388.18 386.62 1.56 75,048 103,430 Aug-21 391.18 392.00 387.44 390.24 387.98 2.26 14,970 13,599 Oct-21 392.42 393.32 388.62 391.22...

  • Rescuers try to reach 22 trapped after Chinese gold mine blast

    - Rescue teams were on Tuesday racing to save 22 workers trapped underground for over two days after an explosion at a gold mine under construction in eastern China, as state media criticised a 30-hour delay in reporting the accident. Rescue workers were unable to contact the trapped workers because the blast damaged their communication system, the official Xinhua news agency reported.

  • PRECIOUS-Gold slips as U.S. yields gain upper hand again

    * Biden to deliver a plan costing "trillions" of dollars. * Benchmark 10-year Treasury yields near 10-month highs. * Interactive graphic tracking global spread of coronavirus: https://tmsnrt.rs/3mvcUoa. By Shreyansi Singh.

  • Rescuers try to reach 22 trapped after Chinese gold mine blast

    - Rescue teams were on Tuesday racing to save 22 workers trapped underground for over two days after an explosion at a gold mine under construction in eastern China, as state media criticised a 30-hour delay in reporting the accident. Rescue workers were unable to contact the trapped workers because the blast damaged their communication system, the official Xinhua news agency reported.

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