The fund manager's mouse warehouse, said that the capital preservation has become a huge loss, and the fund is pitted to the [fund exposure station]! The credit card was stolen without any reason, the bank deposit became insurance, and the financial management was cheated, please poke [Financial Exposure Desk]!

Mengtai Group's electrolytic aluminum project settled in Dalat

Recently, Inner Mongolia Mengtai Coal and Electricity Group Co., Ltd. electrolytic aluminum project settled in the Dalat Economic Development Zone, planning to build an annual output of 1 million tons of electrolytic aluminum, with a total investment of 6.5 billion yuan. Among them, the first phase of the project has an annual output of 500,000 tons and an investment of 3.3 billion yuan. It is planned to be completed and put into production in the fourth quarter of this year. After completion, the annual output value will reach 12.6 billion yuan.

India will impose a gold consumption tax of 3% since July 1.

On June 3, the Indian government said that the government will start to impose a 3% gold consumption tax on July 1, which is significantly lower than the market expectation of 5%.

Chilean customs officials stop strikes and resume work

On June 3, after a 10-day strike, Chilean customs officials announced that they would stop the strike and begin work. At the same time, the government mobilized additional staff to cope with the stagnation caused by the strike.

Shandong Gold intends to loan 1.26 billion US dollars to buy Barrick Gold Mine

On June 5, Shandong Gold said it plans to lend $1.26 billion to banks to buy its Berel Gold mine in Argentina's Veladero gold mine.

Russia Polyus raises 2018-19 gold production forecast

On June 5, Polyus, Russia's largest gold producer, said it would raise its 2018 gold production forecast to 23.5-2.4 million ounces and raise its 2019 production forecast to 2.8 million ounces. This year's output is expected to be 2.1 million ounces.

Sanshui District plans to build Sanshui 100 billion aluminum processing industry cluster

On June 5th, Sanshui District held a symposium on the development and promotion of aluminum processing industry, seeking to build a 100 billion aluminum processing industry cluster, and deep processing of profiles will become a key link in the Sanshui extended aluminum processing industry chain. Domestic aluminum consumption is expected to increase to 46.68 million tons to 50.93 million tons in 2023.

India's gold imports in May rose fourfold year-on-year to 103 tons

On June 5, data showed that India's gold imports in May rose four-fold to 103 tons from the same period of the previous year, as jewelers increased their purchases to replenish stocks and stocked before the implementation of the new national sales tax.

Russia's gold production in January-April rose 1.4% year-on-year to 68.68 tons

On June 5, the Russian Ministry of Finance said that Russia's gold production in the first four months of this year was 68.68 tons, higher than the 67.75 tons in the same period last year. Silver production totaled 302.22 tons, down from 313.32 tons in the same period last year.

Huida Aluminum plans to purchase 62.47 million shares of Mashan Yonghong

On June 5, Huida Aluminum announced that it intends to pay cash to purchase 60% equity of Wuxi Mashan Yonghong Heat Exchanger Co., Ltd. held by Guizhou Yonghong Aviation Machinery Co., Ltd. at a transaction price of 62.476 million yuan.

US International Trade Commission conducts anti-dumping investigation on industrial damage in China

On June 5, the US International Trade Commission voted to import the metal silicon from China for anti-dumping comprehensive sunset review industrial damage investigation procedures.

China's TBEA plans to invest in bauxite mining in Guinea

On June 5, China’s TBEA stated that it plans to mine the original bauxite mine left by BHP Billiton Mining Group in Guinea. In order to transport bauxite, it is planned to build a deep-water port and other supporting infrastructure projects.

NALCO stranded Iranian alumina project

On June 5, India's National Aluminum said that in order to focus on expanding its aluminum production capacity, the company has suspended all overseas operations, and Iran is one of them.

Indonesia's refined tin exports increased by 30% year-on-year in May

On June 6, the Indonesian Ministry of Trade data showed that the export volume of refined tin in May was 6,989.43 tons, an increase of 30% over the same period last year and an increase of 10% from April.

Iamgold announces strategic cooperation agreement with Sumitomo Metal

On June 6, gold producer Iamgold announced that it has entered into a strategic cooperation agreement with Sumitomo Metal Mining Co., Ltd., and the two companies will jointly develop the COTé gold mine project. Iamgold will pay Sumitomo $195 million to acquire a 30% stake in the COTé Gold Project.

Diplomatic conflict caused Qatar Aluminium to encounter logistics problems

On June 6, NorskHydro said that Qatar Aluminium is working to solve the logistics problems caused by the tension in the Middle East, and there are many obstacles in restarting the aluminum export business.

BMIResearch: China's metal demand recovery will slow down again

On June 6, industry research firm BMIResearch said that after China's metal demand rebounded last year, the current pace of demand recovery will slow down again. It is expected that the overall increase in metal demand in China this year is expected to slow down to 5%.

Russia's exports of aluminum and nickel in January-April reduce copper exports

On June 6, the Russian Federation Customs released data showing that the volume of Russian aluminum and nickel exports fell to 1,085,800 tons and 48,000 tons in the first four months, but copper exports increased to 185,900 tons.

Guizhou: Proposed to build a high-performance zinc alloy production line with an annual output of 5,000 tons

On June 6, Guizhou Metallurgical Chemical Research Institute and Guizhou Hongda Environmental Protection Technology Co., Ltd. reached a strategic partnership of production, research and research projects. The two sides will jointly build a high-performance zinc alloy industrial production line with an annual output of 5,000 tons, which can save about 30% energy consumption per ton compared with the original production line.

Yunxi tin concentrate processing trade business approved

On June 6, Yunxi Group announced that the company's tin concentrate processing trade business has recently obtained approval from the Ministry of Commerce. This is the franchise policy issued by the Ministry of Commerce for the only company in the tin industry.

Chilean central bank: May copper export revenue rose to 2.54 billion US dollars

On June 7, the Chilean central bank released data showing that the country's copper export revenue in May was 2.54 billion US dollars, higher than April's 2.19 billion US dollars and 2.27 billion US dollars in the same period last year.

Central Bank: Gold reserves were 59.24 million ounces as of the end of May

On June 7, the data released by the People's Bank of China showed that China had a gold reserve of 59.24 million ounces at the end of May and a gold reserve value of US$75.004 billion.

Qatalum metal processing plant aluminum exports are blocked

On June 7, Norwegian Hydro said that after the breakup of the main Arab countries and Qatar, the Qatalum metal processing plant in Qatar was blocked by aluminum exports, but the impact was small. The market trend was mainly affected by China, and the demand in summer was relatively weak.

Ministry of Industry and Information Technology: 2017 total production control index of tungsten is 91,300 tons

On June 7, it was informed that the Ministry of Industry and Information Technology issued a notice on the release of the total tungsten production control index for 2017. In 2017, the total tungsten production was controlled at 91,300 tons.

The business prospects of the Grasberg copper mine, the second largest copper mine in the world, are threatened

On June 7, the Indonesian branch of Freeport McMullen said that the prospects for the Grasberg copper mine are facing threats as more than 3,000 workers have been on strike for more than five weeks and mines have been cut. The shipment of copper concentrate has not been affected, but the output will not reach the "best level".

Codelco restarts copper operation after the rain

On June 7, Chilean national copper company Codelco said later that it had begun to restart the operation of the mines in the northern part of the country, which had caused a series of mines to close.

In May, China's copper imports 390,000 tons of rare earth exports 4294 tons

On June 8, the General Administration of Customs data showed that China imported 390,000 tons of unwrought copper and copper in May, an increase of 90,000 tons from the previous month, a year-on-year decrease of 9.3%. Imported copper ore and its concentrates were 1.15 million tons, a year-on-year decrease of 19.58%. The export of rare earths was 4,294 tons, an increase of 5.43% over the same period last year. The export of unwrought aluminum and aluminum was 460,000 tons, an increase of 9.52% year-on-year.

HKEx plans to launch dual-currency gold futures in the second half of the year

On June 8, Li Xiaojia, chief executive of the Hong Kong Stock Exchange, said that in the second half of the year, it plans to launch RMB dollar dual-currency gold futures, LME precious metals contracts and RMB index futures to support physical delivery.

Goldman Sachs expects aluminum supply to turn into excess in 2019 in 2018

On June 8, Goldman Sachs recently said that it expects a supply gap of 235,000 tons in the aluminum market this year. It is expected that the gap will be expanded to 373,000 tons in 2018, and there will be an oversupply in 2019, with an estimated surplus of 34,000 tons.

Some Japanese aluminum buyers agreed to set the aluminum premium in the third quarter at $119 per tonne

On June 8, the source said that some Japanese aluminum buyers have agreed to set the aluminum premium in the third quarter at $119 per tonne, down 7% from the second quarter of $128, and also in the first quarter of the three quarters.

Shandong Geology and Minerals found the first large copper mine in Nepal with an average grade of 7.9%

The First Geological and Mineral Exploration Institute of Shandong Bureau of Geology and Minerals recently discovered a large-scale copper deposit in Wapusa Town, Soluxunbu County, Nepal, with an average grade of 7.9%. It is estimated that the copper metal resources will reach a large scale.

Freeport is on the “on the road” to reach the agreement of the Grasberg copper mine

On June 8, Freeport McMullen said that negotiations with the Indonesian government on the new agreement for the Grasberg copper-gold mine are underway. The copper concentrate export business of the Grasberg project in Indonesia resumed in April and was suspended for 15 weeks due to disputes with the Indonesian government.

Alcoa restarts half of its capacity in an Australian aluminum smelter

Alcoa has restarted half of the company's aluminum smelter in Victoria, Australia, which was blocked six months ago due to nationwide light control.

Citigroup: China's May copper import decline or continued aluminum exports increased

On June 8, Citigroup said that due to expected domestic oversupply and commercial financing, China's copper imports fell in May, and the fatigue will extend to June. China's aluminum exports increased in May due to considerable export arbitrage gains, and domestic production increased by 20% in recent months. China's aluminum exports for the rest of the year are expected to increase by 10% year-on-year.

Harbor challenges Goldman Sachs view: increased aluminum supply in 2018

American consulting firm Harbor recently challenged Goldman Sachs to say that it expects aluminum production demand to reach 3.4 million tons in 2018, up from 2.7 million tons in 2017. Earlier, the Goldman Sachs Group expected a shortage in the aluminum market in 2018 and a surplus in 2019.

Enter [Sina Finance and Economics Unit] Discussion

Article Keywords: copper mine gold production

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