METALS-Copper drifts lower on fragile China data, zinc gains [Reuters]
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Source: Reuters
METALS-Copper drifts lower on fragile China data, zinc gains * Zinc hits 1-1/2 month high after mine suspension * GRAPHIC-2019 asset returns: tmsnrt.rs/2jvdmXl By Eric Onstad LONDON, Sept 16 (Reuters) - Copper slipped on Monday after weak Chinese data fuelled worries about demand, but zinc hit a 1-1/2 month peak after a mine suspension. China’s industrial production grew at the weakest pace in 17-1/2 years last month and fixed-asset investment in January-August increased at a slightly lower rate than expected, data showed. China is the biggest user of copper, which is used widely in power, construction and consumption. “It was definitely weaker than expected. Copper has rallied pretty decently over the past couple weeks, but this was a little reminder that the underlying fundamentals are still questionable,” said Colin Hamilton, director of commodities research at BMO Capital. Chinese Premier Li Keqiang said it is “very difficult” for the world’s second-largest economy to grow at a ra
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NEM
Earnings
- 4/25/24 - Beat
NEM
Sec Filings
- 4/25/24 - Form 8-K
- 4/12/24 - Form DEFA14A
- 4/5/24 - Form DEFA14A
- NEM's page on the SEC website