July 14, 2024

Vehicle electrification requires 55% more copper mines by 2050 — study

To reach net zero by 2050 would require at least 194 mines or 6 new mines every year, a recent study by the IEF shows.

July 12, 2024

Friedland warns of copper ‘crisis’ as mine costs soar

Humanity would have to mine more copper in the next 20 years than in human history to meet surging global demand on the back of the energy transition.

July 12, 2024

Gold, silver and copper had a banner first half

Silver is up 33% year to date (July 8), gold is up 15.8%, and copper has gained 19.1%.

July 12, 2024

Lundin pitches BHP on joint bid for copper miner Filo

The move could solve fundraising needs for a neighboring project it wants to build. 

July 12, 2024

Copper bull market buoyed by aging legacy mines, says analyst

As grades get lower, companies will have to increase their capital intensity to pull that production forward, said the VP of Stifel Financial.

July 12, 2024

Rio Tinto mulls potential bid for Teck — report

Rio Tinto has held talks with bankers, but is not immediately planning to launch a bid for the Canadian miner, Sky News reported.

July 11, 2024

Nearby copper price hit by weak China demand, warehouse surplus

Industry sources say the reason behind record high contangos is climbing costs of financing metals fuelled by higher interest rates.

July 11, 2024

Zambia says China’s JCHX will invest $300m in Lubambe copper mine

Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years.

July 10, 2024

Mining vs AI: What’s wrong with this picture?

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks. 

July 10, 2024

Mexico mining investment seen stable at $5 billion in 2024, says industry group

The 2023 investment level fell 5.8% from the previous year to $4.96 billion.