Base Metals : In a wide-ranging interview on Monday August 11, John Slaven, the chief executive officer of copper technology firm Jetti Resources, told Fastmarkets that he believes the US could reduce its copper deficit by as much as 60% almost overnight, using existing infrastructure, mined ore and a commercially proven leaching technology.
Rate Report Gold to Highest in Almost 3 weeks
Gold Silver Reports — Gold prices rose to their highest in almost three weeks on Monday, setting the market on course towards $1,300 an ounce, drawing confidence from continued ultra-low interestrates.
$5 Trillion Gold Hub Getting Ready; London
Gold Silver Reports — There’s a competition brewing to figure out how the world’s largest gold-trading hub can get bigger and better.
Copper MCX Trading Level 309-321
Gold Silver Reports → Copper on MCX settled down -1.35% at 314.25 slid for a seventh straight session on Monday to its lowest in a month as a strong U.S. jobs-report raised the likelihood of interest rate hikes soon and concerns remained over demand in top consumer China.