A port worker (left) guides a container truck driver at Beilun Port, part of Ningbo-Zhoushan Port in Zhejiang province. [Photo by ZHONG NAN/CHINA DAILY]
Earlier this month, as a bulk carrier that set sail from Chile in South America docked at a terminal of the Zhangjiagang Port in eastern China s Jiangsu province, Qian Jiang directed scores of workers unloading the cargo to ensure all 10,000 metric tons of the copper concentrate could be scraped clean to the last milligram.
Qian, an executive from the quality control center of Tongling Nonferrous Metals Group Co Ltd in Anhui province, was under instructions to treat the imported copper concentrate as gold－precious because of the recent surge in commodity prices.
China copper smelters set Q3 treatment charge floor at $55/T | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Publishing date: Jun 25, 2021 • 11 hours ago • 1 minute read •
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BEIJING China’s top copper smelters on Friday set their floor treatment and refining charges (TC/RCs) for the third quarter at $55 per tonne and 5.5 cents per lb after a meeting in the city of Tongling, two sources with knowledge of the matter said.
The state-backed members of the China Smelters Purchase Team (CSPT) had set no minimum charges for the second quarter of this year, while the floor in the first quarter was $53 per tonne and 5.3 cents per lb.
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China s top copper smelters on
Friday set their floor treatment and refining charges
for the third quarter at $55 per tonne and 5.5 cents per lb
after a meeting in the city of Tongling, two sources. | June 25, 2021
Today s Market View - Shanta Gold, GoldStone Resources, Caledonia Mining and more.
Caledonia Mining confirms its previously reported reports production of 13,197oz of gold (Q1 2020 – 14,233oz) from its Blanket gold mine in Zimbabwe and reports on mine cost of $836/oz (Q1 2020 - $702/oz) and an all-in-sustaining cost of $1,077/oz (Q1 2020 -$904/oz) during the 3 months to 31st March 2021.
SP Angel . Morning View . Thursday 13 05 21
Higher than expected inflation report hits Technology stocks and equity markets
The company has a historic ‘high-grade’ copper mine which was abandoned >100 years ago.
Drilling is planned to test two large geophysical targets underneath the historic mine may be mineralised porphyry structures.