CAPITAL MARKETS

Trade talk hopes lift markets

Gold eases, copper rises

Staff reporter

This article is 6 years old. Images might not display.

Market futures were pointing to an upbeat start around the world today amid hopes further US-China trade talks would be successful.

There was also anticipation of further economic stimulus measures in China, after data out today showed industrial output, retail sales and investment all slowed in April, Bloomberg reported.

The gold price is a little softer than this time yesterday but is still above US$1,295 an ounce.

Base metal futures were mostly higher in Asian trade and copper closed up slightly on the London Metal Exchange yesterday.

Toronto's gold-heavy metals and mining sector closed off 0.4% but copper equities showed a collective gain of 2.82%.

Diversified producer Lundin Mining (TSX: LUN) rose 5.39% and ERO Copper was up 4.27%, both on no news.

Diversified miners closed higher in London yesterday and were rising in afternoon Australian trade.

BHP (ASX: BHP) was up 1.7% at the time of writing and Rio Tinto (LSE: RIO) had closed 3.14% higher yesterday.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Investor Sentiment Insights 2026

Discover what investors have planned for mining in 2026 in our industry-leading survey

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.