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Copper: Chile is in favour of amending the royalties law
Chile said it was open to further amending the controversial mining (copper) royalties law that is due to take effect next year, following growing criticism over its impact on the sector's competitiveness. Finance Minister Mario Marcel said that after the bill was...
Copper: prices recovering ahead of Fed rate decision
Copper prices are recovering Wednesday ahead of the U.S. Federal Reserve's interest rate decision, also supported by solid market fundamentals. Three-month copper on the London Metal Exchange is trading at 10:13 a.m. GMT+1 at $8,824/mt, sharply recovering from the...
Copper: prices rising but market still remains volatile
Extremely volatile copper market, with prices on the rise Tuesday, supported by a weaker dollar and signs of improving demand from major consumer China. Benchmark copper on the London Metal Exchange (LME) is rebounding 1.27 percent to $8,822/mt (10:11 a.m. GMT+1),...
Zinc: global market deficit falls to 18,300 tons in January
The global zinc market deficit fell to 18,300 tons in January, down from a revised deficit of 80,300 tons in the previous month, according to data from the International Lead and Zinc Study Group (ILZSG). Previously, the ILZSG reported a deficit of 100,500 tons in...