SHANGHAI, Jan 23 (SMM) – Two copper scrap companies under Category Seven were in the list of the fourth batch of approved scrap import applications this year, according to a release from the Ministry of Environmental Protection on Monday January 22.The approved volumes for copper scrap slumped 95% from a year ago as the list contained mainly wastepaper companies this time.However, SMM believ...Read More
SHANGHAI, Jan 23 (SMM) - China produced 865,000 mt of copper in December last year, up 16.7% from December 2016, data from the National Bureau of Statistics (NBS) showed. This was the highest monthly output since February 2015. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please email service.en@sm...Read More
SHANGHAI, Jan 23 (SMM)? 1/4 ?Copper: LME copper is expected to trade at $7,030-7,120/mt on weaker bullish sentiment while SHFE 1803 is expected to trade at 53,450-54,000 yuan/mt. We see spot discounts at 130-90 yuan/mt today.Aluminium: LME aluminium remains strong and is expected to trade at $2,220-2,260/mt while SHFE aluminium is expected to trade at 14,600-14,800 yuan/mt, driven b...Read More
For only the second time in the last one hundred years, the number of farmers under the age of 35 is increasing.Continue...Read More
Gwen Preston, editor of Resource Maven, provides an overview of the Metals Investor Forum companies that she follows.Read More
While Trump fans are happy to see the antagonism, others worry about Trump’s long-term damage ... Donald Trump's "running war" on the media is continuing into his presidency, with statements over the weekend calling into question the extent to which information from the White House can be trusted. White House press secretary Sean Spicer on Monday will hold his first daily press briefing, a...Read More
Shipping crisis puts German banks under pressure ... The flailing container shipping industry is a massive problem for state banks, particularly in northern Germany. Some fear that skyrocketing risk provisions may cost taxpayers billions of euros. A report published on Sunday by German public broadcaster ARD has suggested that the northern German states of Hamburg and Schleswig-Holstein may ha...Read More
Eric Coffin, editor of HRA Advisories, discusses shifting perspectives in 2017 and how they will affect markets.Read More
John Kaiser, editor of Kaiser Research Online, discusses the various models he looks for when evaluating a company.Read More
Joe Mazumdar, Co-Editor of Exploration Insights, discusses investment strategies.Read More
The Bre-X Minerals scam was practically made for the big screen. In 1997 many surely felt like they were living something out of a movie when 200 million ounces of "gold" evaporated from the Busang project in Indonesia, along with billions of investors' dollars and one Filipino geologist.Ripe with drama, the famous fraud is littered with greed, deception, high stakes, boardroom battles, lawsuits,...Read More
Part of the wonderful Annenberg series on American Poets, "Voices and Visions."They were immensely meaningful to me as a young poet trying to find his way.To buy DVDs of the series, go here: http://www.learner.org/catalog/extras...Read More
We need an alternative to Trump’s nationalism. It isn’t the status quo. The answer to neoliberalism's Waterloo cannot be the retreat to a barricaded nation-state and the pitting of 'our' people against 'others' fenced off by tall walls.The Guardian has suggested that progressive internationalism should be the antidote to populism around the world. It says that one cannot fight Trump's...Read More
We need an alternative to Trump’s nationalism. It isn’t the status quo. The answer to neoliberalism's Waterloo cannot be the retreat to a barricaded nation-state and the pitting of 'our' people against 'others' fenced off by tall walls.The Guardian has suggested that progressive internationalism should be the antidote to populism around the world. It says that one cannot fight Trump's...Read More
Investing.com - Gold ended higher on Friday, buoyed by the weaker dollar as the inauguration of Donald Trump as U.S. president fueled uncertainty about the direction of fiscal and economic policy.Gold for February delivery settled up 0.67% at $1,209.5 on the Comex division of the New York Mercantile Exchange.The metal was 0.75% higher for the week, helped by a broad weakening of the U.S. dollar.Th...Read More
SHANGHAI, Jan 22 (SMM)? 1/4 ?Nonferrous metals saw a mixed performance today. Nickel led gains with a 2% rise, followed by tin with a 1.4% gain. Zinc edged up 1% and copper and lead rose slightly. Only aluminium saw a decline today.Ferrous metals saw narrower rises. Coke rose 1.5% while rebar and hot-rolled coil moved higher slightly over 1%. Iron ore gained 0.7% while coking coal dipped...Read More
China’s refined copper output rises 16.7% on a yearly basis to 865,000 mt in December, setting a new high since February 2015, according to data released by the National Bureau of Statistics today.The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in...Read More