Is a copper shortage inevitable? Jefferies: Major miners cut output by 3.9% in Q2, with the global deficit potentially reaching 440,000 tonnes by 2026

On Monday, the LME cash premium hit a new high since 2021. According to a report by Jefferies, major miners covering 55% of global supply saw their Q2 copper production decline by 3.9% year-on-year, weighed down by operational disruptions and declining ore grades. The firm believes that supply risks are clearly skewed to the downside, forecasting a global copper deficit of 442,000 tonnes in 2026 that will continue to widen, thereby maintaining its medium-term bullish outlook.

wallstreetcn14:14

Selected HK Stock Announcements | Hisense Home Appliances Group reports H1 revenue of nearly RMB 47 billion; Cowell eHoldings sees interim profit rise by approximately 30% year-on-year

1. Hisense Home Appliances reported H1 revenue of nearly RMB 47 billion; what was the year-on-year growth rate? 2. Cowell e Holdings' interim profit increased by approximately 30% year-on-year; what is the scale of its operations?

cls.cn21:28

China Gold International (02099.HK): Engaged SRK to advance the independent NI 43-101 feasibility study for the underground development of the Changshanbao Mine; preliminary engineering for the transition from open-pit to underground block caving mining h

Gelong Hui, August 17 | China Gold International (02099.HK) announced that the Company has entered into an agreement with SRK Consulting (“SRK”) to commission SRK to conduct an independent feasibility study assessment for the proposed underground development project at the Changshan Hao Gold Mine (“Changshan Hao Mine”) located in the Inner Mongolia Autonomous Region of China, and to prepare a technical report in accordance with National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) of Canada. As open-pit mining at the Changshan Hao Gold Mine gradually enters the later stages of its mine life cycle, the Company is advancing its transition to underground mining. The current proposal adopts the “natural

Gelonghui Finance20:11

China Gold International (02099): Slope stabilization plan for Changshan Hao mine approved, mining operations expected to resume

China Gold International (02099) announced that the slope stabilization plan for its Changshanhao Gold Mine has been approved. According to the current construction schedule, key phased remediation works required to resume mining operations are expected to be completed within approximately one month after the construction contractor is confirmed and mobilized to the site, with normal mining operations gradually resuming thereafter.

Zhitong Finance20:03

CICC: Will overseas liquidity face problems?

The rebound to this level is supported by the following factors: 1) High leverage and crowded positions have largely stabilized and been cleared out; 2) Our proprietary AI bubble stress index has improved; 3) Against this backdrop, liquidity has become the focal point likely to drive market dynamics.

CICC Insights17:49

HK Stock Market Alert: Gold Stocks Rally as Fed Rate Hike Expectations Ease and Central Bank Gold Purchases Continue; Deutsche Bank Raises Gold Price Target to $5,100

Gold mining stocks rose collectively. As of press time, Zijin Gold International (02259) was up 5.41% at HK$134.40, and Zhaojin Mining Industry (01818) gained 4.41% to trade at HK$23.68.

Zhitong Finance15:02