New report forecasts 20% improvement in nickel price by end-2017 – copper, lead, zinc, gold, silver to retreat.
Copper Mining News
Frank discusses the gold and bond markets and how they have been driven by global uncertainty.
Through a quietly released official announcement, the Federal Environment Secretary of Argentina, Sergio Bergman, informed that Argentina’s National Glacier Inventory has just completed a glacier count in the controversial Famatina Mountains.
Government is considering to extend the miner a temporary permit, valid for up to six months, which would pave the way for Freeport to resume exports from Grasberg.
Newcrest's gold production dropped to 614,715 ounces in the quarter ended in December, from 615,498 ounces in the three months immediately prior and 620,691 ounces a year ago.
Indonesia's concentrate export ban, new ownership rules and licence conversion worry investors in Arizona copper giant.
Mines minister Mosebenzi Zwane noted that 19 of the 73 miners who died in South Africa last year lost their lives at operations run by those companies.
Gold price to drop 8% in 2017 according to bank's January Commodities Outlook, but industrial metals face much better prospects.
The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.
INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.
World's largest listed copper miner said Indonesian export ban will force it to slash spending and operate its giant Grasberg operations at 40% capacity.
But lower all-in sustaining costs mitigated the impact of decreased production, preliminary full-year figures show.
But the world's number one miner cuts full-year copper production guidance.
Strike threat at BHP's Escondida in Chile, the world's largest copper mine, lifts price to 19-month high.
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
State forecaster of Chile, responsible for 28% of global copper output, sees US demand bouncing back helping to create supply shortage this year and next.
Jones will leave his current position at the exchange and serve as an adviser until the end of this year, according to a statement from Hong Kong Exchanges & Clearing Ltd, which owns the London bourse.
President Donald Trump's picks for his Cabinet appear to back up his campaign pledges to boost US oil and gas production and streamline infrastructure approvals.
As the book closes Friday, January 20, 2017, on President Barack Obama’s two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price.
Moves is expected to help the copper giant cope with a recently passed law that forces it to give 10% of its revenues to the armed forces.
Markets are expecting a Trump economic miracle with real GDP growth estimates of 4% per year and more. The cheerleaders cite tax cuts, infrastructure spending and deregulation unleashing a wave of new economic activity. But that's not where growth comes from, argues Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, as they discuss some basic contradictions in Trumponomics.
"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."
Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.
Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.
The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.