Chinese Yuan to Become Key Commodities Currency

Source: Reuters, Christopher Johnson and Emma Farge (4/27/12)

"Chinese customers and end-consumers such as refiners and fabricators now typically pay for imports with dollars, but bankers at a Financial Times commodities conference in Switzerland think that will change, possibly quite rapidly."

Reuters, Christopher Johnson and Emma Farge

Gold, copper and other commodities could be paid for in yuan within a decade or two, bankers and traders said on Wednesday, provided China pursues its policy of gradually freeing up trade in the currency.

Already the world's biggest consumer of commodities such as industrial metals and oil, China's economy is growing more than three times faster than most developed countries. . .View Full Article

New AI Solutions Set To Transform Medical Education and Clinical Practice
Source: Streetwise Reports (04/19/2024)

Treatment.com AI Inc., a leader in artificial intelligence for healthcare education, has introduced two new tools for its Medical Education Suite (MES).

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Lithium Co. With Offtake Agreements Catches Analysts' Eyes
Source: Streetwise Reports (04/18/2024)

Atlas Lithium Corp. is garnering the attention of industry analysts due to its binding offtake agreements for its Brazilian project. At least four analysts have recommended the stock as a "Buy," recognizing the company's strong position and potential for growth in the lithium market.