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Norway's $2.3 trillion investment fund says it can diversify into new areas with greater risk and returns.
We haven't written up this one. CNBC World has the full story — the link below goes straight to it.
LIT rose 0.27% to US$74.46 Thursday as Albemarle and SQM fell, while China's lithium benchmark eased 0.32% to 156,000 CNY (US$20,496) a tonne.
Copper futures rose Thursday as CPER gained 0.96% to US$39.91, even as Southern Copper and Freeport-McMoRan shares fell on cost and permitting concerns.
Gold and silver rose Thursday as the dollar weakened and Treasury yields slipped. Mexico and Peru miners stand to gain from the precious metals rally.
Vale's New York shares fell 2.67% to US$15.31 on Thursday as CSN Mineração rose 4.06%, while China's July iron ore imports eased 4%.
Zinc rose 0.89% to US$3,891.90 a ton on Thursday, lifting Nexa Resources 3.82% and Buenaventura 1.64% as Cajamarquilla output recovers.
NZD/USD gains ground for the second successive day, trading around 0.5900 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) struggles amid softening hawkish expectations…
