Новости за 04.04.2024

Chilean port workers staged protests on Thursday, disrupting the loading and unloading of ships in one of the biggest exporters of raw materials from copper and lithium to pulp and fruit. A planned 24-hour strike by members of the UPC and FTPC umbrella unions began around 8 a.m. local time. The Ventanas port confirmed activities undertaken by union members are suspended. Television images showed workers blocking roads near the biggest port of Valparaiso. Local media reported protests by stevedores in the town of Talcahuano.

Copper rose to a 14-month high as expectations for US rate cuts and threats to supply added impetus to a rally that’s been underway since early February. It climbed for a fourth session on the London Metal Exchange after Federal Reserve Chair Jerome Powell said it would likely be appropriate to begin lowering borrowing costs “at some point this year.” Copper touched $9 380 a ton, the highest intraday level since late January 2023, following a 3% surge on Wednesday after a gauge of Chinese manufacturing came in better-than-forecast.

Gold set another record high above $2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a peak of $2 304.96 an ounce before trading little changed as investors took comfort in Fed Chair Jerome Powell’s assurance on Wednesday that it will likely be appropriate to begin lowering borrowing costs “at some point this year.”

LIMA - Lawmakers in Peru voted to support the government's new slate of ministers on Wednesday, just hours after the prime minister promised billions of dollars in new spending, including for mining projects. The vote of confidence in President Dina Boluarte's latest Cabinet passed by a lopsided margin of 70 votes in favor and only 35 opposed, and came on the heels of recent corruption charges that implicate the mining-dependent country's embattled leader.

The ethics adviser to Norway’s $1.5-trillion sovereign wealth fund has raised concerns with Rio Tinto Group about the environmental impact of a mine in Brazil, reviving questions about the fund’s future role as an investor in the company. The ethics adviser to Norges Bank Investment Management has been speaking with Rio — the world’s second-largest miner — about its minority stake in Mineracao Rio do Norte, a bauxite producer in Brazil, according to people familiar with the matter.