September 4, 2024

Carlyle’s Currie sees copper price capped at $9,500 on China demand

The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft.

September 4, 2024

Ivanhoe Mines’ Kamoa-Kakula achieves record copper production in August

Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August.

September 4, 2024

LME seeks to boost electronic trading, reassure physical users

The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading.

September 4, 2024

Glencore’s Peru boss Soyer to step down after Volcan sale

Glencore's head of Peruvian operations is stepping down from her position.

September 3, 2024

Codelco bids $500 million for stake in key Chile copper mine

The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board.

September 3, 2024

Guest Column: Critical minerals, Western security and the case for US leadership

The International Energy Agency estimates an extra $800 billion of investment in new mining projects is needed by 2040 to meet the 1.5 °C target.

September 3, 2024

US-backed Angola rail plan secures $200 million from key bank

The Development Bank of Southern Africa has approved as much as $200 million for the Lobito corridor rail project.

September 3, 2024

Goldman cuts copper price forecast by $5,000 as bullish bet closed

The bank has been one of the biggest cheerleaders of the industrial metal.

September 3, 2024

Xi wants bigger returns, fewer headaches from African debt deals

From Angola to Djibouti, for over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative.

September 2, 2024

The commodity supercycle revisited

A new copper supercycle is emerging, built on several rising geopolitical and market trends.