December 1, 2023

Shares of Anglo American and Antofagasta rally after UBS upgrade

Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.

December 1, 2023

Gold mid-tiers’ Q3 2023 fundamentals

The potent combination of lower mining costs and higher gold prices fueled huge profits growth for these companies.

December 1, 2023

China lithium price poised for further decline in 2024 – analysts

Lithium carbonate prices in top consumer China could fall by more than 30% next year.

December 1, 2023

Copper price climbs to three-month high on Panama mine risk, shortfall

The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets.

December 1, 2023

Copper miners, Chinese smelters agree on first drop in fees in 3 years

Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024.

December 1, 2023

First Quantum takes Panama to international court

It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.

November 30, 2023

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term has been reflected in copper prices.

November 30, 2023

AustralianSuper builds stake in Pilbara Minerals

Australia's largest pension fund is now the second largest shareholder behind Ganfeng Lithium.

November 30, 2023

After court victory, LME bids to reboot confidence

"The much bigger question is rebooting confidence," said a senior executive at an LME member broker.

November 30, 2023

Saudi Arabia studies graphite, rare earths trading platform – minister

The Kingdom has been studying setting up the trading platform for the past three months and it does not expect a decision to be made before the next six.