Commodity Markets

Raised Copper and Gold prices lift Barrick Gold 1Q profit

Raised Copper and Gold Prices Lift Barrick Gold 1Q Profit

One of the world’s largest gold producers, Barrick Gold Corporation, reached higher earnings in the 1Q earnings than last year. It is mainly because rising gold and copper prices drive revenue growth. The Toronto-based gold miner said it expects earnings to achieve its annual forecast. Barrick Gold Corp on Wednesday reported a 78% increase in …

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chinese steel, commodities

Commodities of The Future: What Is Going to Change?

Acceleration of sustainability, decarbonization and significant development of some leading companies caused rapid changes in the commodity industry. Some commodities, called “commodities of the future,” will have a strong demand growth in 20 years worldwide. They are copper, nickel, aluminum, lithium, cobalt, tin, rare piles of earth, metal scrap, and green steel. As productivity increases, …

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US oil prices finally exceeded $ 40

Oil Prices Keep Stable with European Recovery Support

Last Friday, oil prices remained largely stable due to the support of the European economic recovery. However, India expressed concern about a record surge in the number of coronavirus infections. At 1335 GMT, Brent crude oil fell 2 cents, or less than 0.1%, to $65.38 per barrel, while the U.S. West Texas Intermediate crude oil …

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