Business
Copper price sinks as new covid variant spooks markets – MINING.COM – MINING.com
A new and possibly vaccine-resistant coronavirus variant found in South Africa shook market sentiment.
LME aluminium lost 4.2% to $2,601 a tonne, zinc shed 3.1% to $3,197, lead was down 0.4% to $2,261, tin eased 0.5% to $38,600 while nickel ceded 3.7% to $19,895.
Shares in copper and base metals-producing miners reflected the slide. BHP Group fell 3.1%,…
Continue Reading
-
General20 hours agoFederal government commits $430 million to prop up Newcastle hydrogen hub
-
General19 hours agoDartbrook coal mine plunges into administration after defaulting on $174 million loan
-
Noosa News24 hours agoStar Casino workers strike in Brisbane amid job uncertainty over looming bankruptcy
-
Noosa News19 hours agoHow the AG’s constant appeals could change sentencing trends