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first quantum

First Quantum Suspends Production at Panama Copper Mine Due to Blockade Affecting Key Supplies.

First Quantum Minerals Ltd. announced on November 20th that if no shipments arrived at Punta Rincón port of its mine, the on-site power plant’s supply would be depleted within a week starting November 20, 2023, leading to a temporary production halt. This forecasted halt has become reality. Citing Bloomberg, First Quantum suspended production in Panama […]

First Quantum Suspends Production at Panama Copper Mine Due to Blockade Affecting Key Supplies. Read More »

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Canadian Government’s Investment in Major Battery Factories to Exceed Expectations

According to Reuters, on November 17th, the Parliamentary Budget Officer (PBO), an independent budget watchdog in Canada, stated that the support for the construction of three major electric vehicle battery factories in Canada will exceed the initial cost announcement by about 16%. These three factories refer to those that will be built by Volkswagen, Stellantis,

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Wheaton Precious Metals Spends $530 Million to Acquire Existing and New Precious Metal Resources from Orion Resource Partners

Title: Wheaton Precious Metals Acquires Orion Resource Partners’ Gold and Precious Metal Assets for $530 Million Wheaton Precious Metals (WPM.US) announced on Wednesday that it has agreed to purchase existing and new precious metal resources from Orion Resource Partners for $530 million. Under the deal, Wheaton Precious Metals will have the right to buy 62.5%

Wheaton Precious Metals Spends $530 Million to Acquire Existing and New Precious Metal Resources from Orion Resource Partners Read More »

U.S. and Indonesia to Discuss Nickel Mining Deal, ESG Standards May Pose Challenges

According to foreign media reports on November 8th, the Presidents of the United States and Indonesia are set to meet on Monday, Eastern Time, to discuss how to advance a potential mineral partnership, thereby stimulating the trade of nickel resources. U.S. and Indonesia May Advance Nickel Mining Deal A source informed that Indonesian President Joko

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New World Resources Raises Funds to Accelerate Development of Antler Copper Mine in Arizona.

According to foreign media reports on November 8th, New World Resources, listed on the Australian Stock Exchange, announced on Wednesday that it has secured a financing agreement of $11 million with Trident Royalties. The company is now well-funded to continue the development of the Antler Copper Mine in Arizona, USA. New World Resources has signed

New World Resources Raises Funds to Accelerate Development of Antler Copper Mine in Arizona. Read More »

World Gold Council: Robust central bank gold demand in the third quarter, expected to remain high throughout 2023

According to Mining.com, the World Gold Council’s (WGC) report on “Gold Demand Trends for the Third Quarter” shows that central bank gold purchases continue to remain at historic highs, bringing the quarterly demand, excluding over-the-counter (OTC) trades, to 1,147 tons, an 8% increase over the five-year average. Data compiled by the WGC indicates a strong

World Gold Council: Robust central bank gold demand in the third quarter, expected to remain high throughout 2023 Read More »

中物联

CFLP:The China Bulk Commodity Index for October stands at 102.8%, a month-on-month decrease of 0.8%

The China Federation of Logistics & Purchasing’s survey revealed that the China Bulk Commodity Index (CBMI) for October 2023 was 102.8%, a decline of 0.8 percentage points from the previous month. After two consecutive months of rising, the index has now dropped. Among the sub-indices, both the supply and inventory indices rose. The supply index

CFLP:The China Bulk Commodity Index for October stands at 102.8%, a month-on-month decrease of 0.8% Read More »

World Bank: Copper Prices to Decline Further in 2024, Expected to Rebound in 2025

According to foreign media on October 30th, the World Bank in its latest “Commodity Market Outlook” report highlighted that, due to abundant supply, increased inventory, and sluggish demand, copper prices dropped by 1% quarter-on-quarter in Q3 2023. The demand in the real estate sector fell short of expectations, and the deteriorating demand from other major

World Bank: Copper Prices to Decline Further in 2024, Expected to Rebound in 2025 Read More »

DZS-trading’s brand new website launched

Welcome to Our Brand New Website! We are thrilled to announce the official launch of DZS-trading’s redesigned website! Carefully crafted and planned, our new site aims to offer you an intuitive, user-friendly experience, allowing you to easily navigate through our products, services, and latest company updates. Features of the New Website: Clean Design: Embracing a

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