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  • Copper production in Peru up 8.6% in June, ministry says

    From kitco.com

    According to the Ministry of Energy and Mines of Peru (MINEM), copper production in Peru, the world’s second largest copper producing country, amounted to 198,467 tonnes in June 2022, up 8.6% compared to June 2021 (182,711 tonnes). Similarly, Peru’s copper production in January-June 2022 of 1,096,655 tonnes registered a year-on-year increase of 1.2%. MINEM said that this positive performance was mainly due to an increase in copper output by Antamina Mining Company S.A. (+5.5%), Mining Company Cerro Verde S.A.A. (+12.8%) and Minera Chinalco Peru S.A. (+7.6%). At the company level, Compañía Minera Antamina S.A. ... (full story)

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    Hundreds of new mines required to meet 2030 battery metals demand — IEA report

    From mining.com|Aug 6, 2022

    Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) ...

    Week Ahead Economic Preview: Week of 08 August 2022

    From ihsmarkit.com|Aug 5, 2022|1 comment

    Q2 GDP updates will be due for the UK, Russia and Singapore in the coming week alongside a series of inflation data for the US, India, China, Germany, France and Italy. At the ...

    No Recession Here

    From lplresearch.com|Aug 5, 2022

    The economy added 528,000 payroll jobs in July after a solid gain in June and May. The strong gains in the job market last month should further cement the claim that the U.S. is ...

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    World Series of Poker Player Charged With Spoofing Gold Market

    From bnnbloomberg.ca|Aug 6, 2022

    A Nevada metals trader with a side gig on the world poker circuit was charged Friday with manipulating gold and silver markets using a technique called spoofing. The Commodity ...

    Week Ahead - Fear returns ahead of inflation data

    From marketpulse.com|Aug 6, 2022

    Can the Fed afford to ease off the brake? The end of last week was a bit of a reality check for investors that were maybe getting a little carried away with the supposed “dovish ...

    Gold Drops After US Jobs Data Keeps Fed on Hawkish Track

    From bnnbloomberg.ca|Aug 6, 2022

    Gold dropped after US labor market data showed employers added more jobs in July than forecast, an indication the Federal Reserve may press on with steep interest-rate hikes to ...

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  • Posted: Aug 6, 2022 5:00am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 53
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