Nyrstar’s shares rose as much as 4.4% on Thursday July 24 after the Brussels-listed zinc producer recorded a narrower loss for the first half of the year, supported by rising zinc prices, premiums and treatment charges.
The London Metal Exchange copper prices rose in early Asian trading on Thursday July 24 after data showed China’s manufacturing activity rose to an 18-month high.
US miners and energy firms are being discouraged from domestic manufacturing by a tough regulatory environment, according to the ceo of the world’s biggest lead producer.
Credit Suisse’s withdrawal from commodities markets is the latest factor that will widen what some London Metal Exhange brokers describe as the gap.
Brazilian bank BTG Pactual has received the London Metal Exchange’s approval to set up warehousing operations in Singapore, the bank’s third worldwide.
LORD COPPER: Broad-in-boom BHP Billiton now wants to narrow
Over the last decade or so, the second-best performing major company equity has been BHP Billiton.
WEEK-IN-BRIEF: ENRC marketing rights; silver fix; Chinese funds eye zinc; SRB cobalt purchases
It’s been a wild week on the Metal Bulletin news desk. Here, deputy editor Fleur Ritzema wraps up the key stories.
HOTTER ON METALS: All change in commodity indices
A couple of important changes took place in the world of commodity indices this week.
Has the Fanya Metal Exchange removed volatility from the minor metals markets?
From Aluminium to Zinc...Search this free glossary on metals
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