Of particular interest this week:

Mineral Exploration Spending (Aust)

OECD Composite Leading Indicators

China – Industrial Output


Copper  Chile’s Cu output expected to increase.  Though there are risks of delays.

Nickel  Avebury Ni mine in Tas may re-open.

Zinc & Lead  Closures are being subject to delays and other extensions, but will ultimately close.

Tin  Inventories declining, but outlook is for slower growth.

Aluminium  Prices approaching global average cash costs.

Gold  Greek payment(s) due.

Platinum & Palladium  Pt nano-particles and graphene layers to make new auto catalysts.

Oil  Saudi signals preparedness to increase production to record levels.

Coal  Sept Qtr contract discussions talking indicative prices.  Japanese increasing spot thermal trades.

Iron Ore  Prices are not matching bearish forecasts.

Shipping  Panamax rates improved, while Capesize declined this week.


Australia – Mineral Exploration Expenditure – March Qtr – petroleum holding but minerals down.

China – Industrial Production activity:  – slowing growth in most areas at present.

OECD – Composite Leading Indicators – mostly suggesting slower growth.