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.

July 10, 2024

Column: China’s refined copper imports remain surprisingly strong

China once again holds the key to copper's fortunes as the market waits for the world's largest buyer to shake off its property woes.

July 10, 2024

Sprott says new copper fund too small to pose market risk

The Sprott Physical Copper Trust, which began trading in June, holds more than 10,000 metric tons of copper in warehouses mostly in Asia.

July 10, 2024

Codelco’s copper output edges up in May

Codelco produced 111,700 metric tons of copper in May, up a slight 0.7% from a year earlier.

July 10, 2024

CMOC to double copper output at Congo mines to 1 million tonnes by 2028

The Chinese miner produced about 420,000 tonnes of copper in 2023.

July 10, 2024

Nexa Resources in talks to sell Peru copper project

The Latin America-focused miner has confirmed ongoing negotiations linked to a possible sale of the $655 million Pukaqaqa project.