Jeff Baker

China opens its borders to billions of dollars of gold imports

Reuters | April 16, 2021 | 9:14 am IntelligenceMarketsChinaGold Image from World Gold Council via Twitter. China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines. China is the world’s biggest gold

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Iron ore price hits 10-year high on rising steel demand

MINING.COM Staff Writer | April 16, 2021 | 9:40 am IntelligenceMarketsNewsAustraliaChinaLatin AmericaIron Ore Steelmaking process. (Image by China Baowu Steel) Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China. Tangshan, China’s top steelmaking city, said last month it will punish firms that either have not taken the steps spelled out under its emergency anti-pollution plan

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Goldman doubles down: Record-high copper price within a year

Frik Els | April 13, 2021 | 2:16 pm IntelligenceMarketsAfricaAsiaAustraliaCanadaChinaEuropeLatin AmericaUSACopper Altonorte copper smelter, Chile. Image from Glencore. Copper is trading more than $800 per tonne below the near-decade high hit in February, and some of the ardour of copper price bulls has cooled decidedly since then. Goldman Sachs metals strategist Nicholas Snowdon, speaking at the virtual World Copper

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DeepGreen hits backs at firms opposing seafloor mining

Note from Dudley Pierce BakerDeepGreen is set to go public via a merger with a blank check company/Special Purpose Acquisition Company, Sustainable Opportunity Acquisition Corporation, SOAC.Jeff and I both own the stock warrants on SOAC trading as SOACW on the Nasdaq. The stock warrants will have an expiration date of 5 years from the completion

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