October 24, 2022 LME Week: Codelco expects China’s copper demand to be resilient China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.
October 24, 2022 Copper buyers want longer-term deals on supply concerns, Codelco says The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.
October 24, 2022 Copper tech firm Jetti raises funds at $2.5 billion value Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.
October 24, 2022 Rusal files London lawsuit against Potanin over Nornickel pact Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.
October 24, 2022 UK prosecutors implicate 11 Glencore employees in bribery probe The commodity trading industry has been dogged by anti-corruption investigations for years, but few individual traders or executives have faced prosecution.
October 24, 2022 Newcrest suspends operations at Brucejack mine following “critical incident” Incident involved an individual belonging to its mining and development contractor in British Columbia.
October 23, 2022 South32 cuts 2023 coal output view as Appin mine strike bites South32 said it now expects to produce 7Mt in total coal production for the year to June 2023, compared with its prior forecast of 7.4 Mt.
October 23, 2022 Giant gold mine in South Africa emulates Toyota to boost profit Gold Fields looked at Toyota’s processes in a bid to turn South Deep into a so-called tier 1 mine.
October 22, 2022 Barrick to expand East African footprint following positive results at North Mara, Bulyanhulu gold mines Barrick plans to expand its East African footprint using the North Mara and Bulyanhulu gold mines in Tanzania as a foundation for this endeavour.
October 21, 2022 Gold Fields acquisition target Yamana assets valued at $6-$8 billion – CIBC An independent evaluation by CIBC has put Yamana's mineral assets at between $6 billion and $8 billion, in line with Gold Fields' initial offer price.
Construction on track for Q1 completion at Sibanye’s Keliber lithium project in Finland Keliber is the EU's most advanced integrated lithium project, with planned LiOH production of around 15,000 tonnes per annum. January 19, 2026 | 01:57 pm
