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Gold: price approaches $1,900 as tensions in Ukraine escalate
Gold prices jumped to an eight-month high Thursday, closing near $1,900 an ounce, after tensions between Russia and Ukraine escalated, pushing investors toward safe-haven assets. Russian-backed rebels and Ukrainian forces exchanged accusations of fire across the line...
Aluminium: world production down in January
After December 2021’s highs at 5.622 mln tons, January 2022 triggered a decline in global aluminum production to 5.513 mln tons. The cumulative January to December 2021 stood at 67.28 mln tons compared to 65.327 mln tons in the same period last year (+2.98%)....
Lithium: Codelco will begin exploration in March
Chile's state-owned mining company Codelco reported Wednesday that it will begin exploring for lithium in the Salar de Maricunga next month, which could feature a high-grade reserve of the ultralight metal that is key to making batteries for electric cars. Codelco,...
Copper: Peruvian political chaos could drive up prices
Copper prices could see sharp increases as Peru, a major producer, is on the cusp of political chaos, swearing in its fourth cabinet in six months. Meanwhile, demand for the metal is at an all-time high. Copper use is increasing beyond its normal use in developed...