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Category: Zinc

Copper price expected to rise to 9,373.60 USD as of next week 1 Copper Cobalt International Zinc 

Copper price expected to rise to 9,373.60 USD as of next week

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The price of a tonne of Copper is expected to increase on the international market for the period from September 6 to 11, 2021, unlike the previous week. According to the report of the National Mercury Commission of the Ministry of Foreign Trade published on September 3, 2021, it is indicated that unlike last week, the tonne of Copper should be traded, from September 6 to 11, at 9 US $ 373.60 versus US $ 9,079.90 last week. According to this document, Copper will have for this period under analysis… Read More Here
DRC: copper and cobalt show a downward trend in the market in the period from August 16 to 21, 2021 2 Copper Cobalt Mining in DRC Zinc 

DRC: copper and cobalt show a downward trend in the market in the period from August 16 to 21, 2021

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Almost all of the Democratic Republic of the Congo’s export raw materials are down during the period from August 16 to 21, 2021, according to forecasts by the National Mercuriales Commission, a structure of the Ministry of Foreign Trade. Copper is experiencing a price drop of around $ 272.7 trading at $ 9,436.50 per tonne this week from $ 9,709.20 per tonne last week. Cobalt is also down $ 39, trading at $ 52,371.00 per tonne this week from $ 52,410.00 per tonne last week. Zinc is also trending lower… Read More Here
DRC: copper up to 9,700 USD per tonne this week (Mercuriales) 3 Mining in DRC Cobalt Copper Gold Zinc 

DRC: copper up to 9,700 USD per tonne this week (Mercuriales)

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The main export mining products of the Democratic Republic of the Congo oscillate between an upward and downward trend during this week from August 9 to 14, 2021, according to projections by the National Commission of Mercurials, structure of the Ministry of Foreign Trade. Copper is trading this week at US $ 9,709.20 per tonne on the international market against US $ 9,560.40 per tonne last week, showing a positive price differential of US $ 148.8, according to projections by experts from the Ministry of DRC foreign trade. For the… Read More Here
DRC: copper, zinc and tin show an uptrend during the period from August 2 to 7, 2021 4 Copper Mining in DRC Tin Zinc 

DRC: copper, zinc and tin show an uptrend during the period from August 2 to 7, 2021

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The market for mining products oscillates between rise and fall for the main minerals exported from the Democratic Republic of the Congo, according to projections by the National Commission of Mercuriales, structure of the Ministry of Foreign Trade. Copper is on the rise again this week on the international market and is trading at $ 9,560.40 per tonne against $ 9,298.10 per tonne last week, a positive price differential of $ 262.3. Cobalt is trending downward and trading at $ 52,447.00 per tonne against $ 52,482.00 in the week of… Read More Here
DRC: prices of copper, cobalt and zinc, up this week. 5 Cobalt Copper International Mining in DRC Zinc 

DRC: prices of copper, cobalt and zinc, up this week.

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The main export minerals from the Democratic Republic of the Congo are on the rise this week, from July 5 to July 10, on the international market, according to forecasts by the National Commission of Mercurials, a service attached to the Ministry of Foreign Trade. Copper is trading this week at $ 9,353.40 per tonne versus $ 9,237.20 in the June 26-July 3, 2021 period, a price hike of $ 116.2, according to the National Commission forecast. mercurials. Likewise, cobalt is trending upward this week and is selling at $… Read More Here
DRC: downward trend in metal export prices on the market from June 26 to July 3, 2021 (Mercuriale) 6 Cobalt Copper Tin Zinc 

DRC: downward trend in metal export prices on the market from June 26 to July 3, 2021 (Mercuriale)

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The main export metals from the Democratic Republic of the Congo show a downward trend in their prices in the period from June 26 to July 3, 2021 compared to the prices recorded a week before this period, inform the data of the National Commission of Mercurials of price, a structure attached to the Ministry of Foreign Trade. Copper prices this week are estimated at $ 9,237.20 per tonne compared to $ 9,759.60 in the period June 21-26, either a deviation of -522.4 $ or a downtrend. The same is… Read More Here
Market: China wants to free up its copper, aluminum and zinc reserves to stabilize prices 7 Aluminium Copper International Zinc 

Market: China wants to free up its copper, aluminum and zinc reserves to stabilize prices

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China on Wednesday announced plans to release industrial metals from its national reserves to lower commodity prices, which some analysts say could be the first such move in a decade from the world’s largest consumer of metals. The National Food and Strategic Reserves Administration has said on its website that it will release batch copper, aluminum and zinc to non-ferrous metal processing and manufacturing companies “in the near future” via public auction . The advice came as Beijing struggles to curb a surge in metal prices this year, fueled by… Read More Here
World: The price of a gram of gold settled at 59.80 USD on weekdays (official) 8 Cobalt Copper Gold Mining in DRC Tin Zinc 

World: The price of a gram of gold settled at 59.80 USD on weekdays (official)

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The price of a gram of gold saw a marked improvement in the international market during the week of May 24-29, 2021, trading at $ 59.80 versus $ 57.66 in the week of May 17-22, 2021. These indications on the trend of commercial mining products were revealed in a press release on Wednesday, May 26, 2021, by the Congolese Ministry of Foreign Trade. The same document informs that Silver and Tantalum are also experiencing a price rise in the international market during the same period, trading at $ 0.90 vs.… Read More Here
Gécamines has been dispossessed of 48.8 million tonnes of minerals - DRC 9 Copper Cobalt Mining in DRC Zinc 

Gécamines has been dispossessed of 48.8 million tonnes of minerals – DRC

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The president of the FEC (Fédération des entreprises du Congo) and Chairman of the Board of Directors of Gécamines, Albert Yuma, revealed, during an academic meeting at the Economic and Social Council on Monday, May 3, that the company He State Gécamines lost most of its mining heritage through joint ventures over 54 million tonnes of minerals in the period between 1996 and 2008. In his opinion, one of the causes of the current paradoxical situation of the DRC, a country with a geological scandal but poor, is linked “to… Read More Here
DRC Government notes a drop in the price of mining products on weekdays on the international market 10 Copper Cobalt Mining in DRC Zinc 

DRC Government notes a drop in the price of mining products on weekdays on the international market

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The prices of most mining products were revised downward during the last week of March 2021. This is indicated by the Economic Conjuncture Committee (CCE) at the end of the meeting held on Wednesday 31st March 2021. According to the CCE, the prices of products such as Copper, Cobalt, Zinc and Manganese have been revised downwards. Since the end of 2020, commodity prices had particularly remained on the rise until the last week of March 2021. “ The Government has noted a drop in the prices of all export mining products,… Read More Here

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