“The bitcoin’s super-high volatility is not for everyone’s taste,” said Randy Frederick, vice president of trading and derivatives with Charles Schwab & Co.
Copper Mining News
Monday, mining companies in the DRC said that proposed changes to mining code adopted by lower house of parliament would do lasting damage to investment.
In six months sulphide miners in Wisconsin could be back in business.
November copper concentrate shipments to China hits all-time monthly high – annual iron ore imports set to easily surpass 2016's record 1 billion tonnes.
Friday, TAZARA resumed transportation of copper which had halted on Tuesday after unionised workers went on strike.
Erdenet, which produces 530,000 tons of ore annually, is one of Asia’s biggest copper and molybdenum mines and a top tax contributor to the country’s $12 billion economy.
About 150 workers will be pre-selected as a result of the process, which closes on Dec. 24. They’ll join the over 1,100 employees already working on the much-needed project.
The federal court dismissed Taseko's applications for New Prosperity Mine, and ordered the company to pay court costs to the Tsilhqot’in First Nation.
Vedanta Resources said Thursday its Zambian subsidiary KCM plans to set up new copper smelter, cobalt refinery and more under a $1 bln investment programme.
One of China's top copper smelters has reduced production by 20-30 percent to comply with winter output restrictions, a company official said on Thursday.
Proposed three-way deal between the Indonesian government, Rio Tinto and Freeport to clean up ownership of Grasberg 'ignores the wider picture'.
Brazil's Vale is prepared to unleash as much as 50 million metric tons of spare capacity to balance the market if prices get too high.
Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.
The remote town of Nueva Fuerabamba was built to house around 1,600 people who gave up their village and farmland to make room for a massive, open-pit copper mine.
The seeds of Tuesday's 4.6 percent copper slump -- the sharpest in almost three years -- were planted in a scarcely noted non-event earlier this month.
The Brazilian miner revealed these expectations in a presentation to investors in New York on Wednesday.
The London Metal Exchange unlikely to provide clearing services for proposed new trading platform NFEx, a significant obstacle to the new exchange.
Suncor Energy begins regulatory process to add significant low-carbon power with cogeneration at its Oil Sands operations
To remain globally cost and carbon competitive, Suncor took first steps to replace coke-fired boilers with two cogeneration units at Oil Sands Base Plant.
Research also charts rapid growth of China’s copper use.
The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.
The line is an important route for copper exports from Zambia and the Democratic Republic of Congo, Africa’s top copper producer.
Down 4.7% in worst one-day performance since July 2015.
BaseCore Metals will be independently operated and have its own board of directors.
After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.
Glencore has increased production of the metals used to make electric car batteries faster than its major mining rivals, according to an industry-wide analysis that shows the scale of a strategy that has big prospective risks and rewards.