July 5, 2024

Copper price surpasses $10,000, expected to rise further, says Citigroup

Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts.

July 5, 2024

Amman Mineral seeks up to $1.5 billion loan for mine expansion

The company currently owns Indonesia's second-largest copper and gold mine.

July 5, 2024

Key China copper premium climbs above zero as orders pick up

Copper’s surge to a record on wave of speculative money has run out of steam in recent months.

July 4, 2024

Canada sets high bar for approving large M&A deals in critical minerals

Some of the country's largest mining companies are copper producers, which means any foreign investment involving those miners would face intense scrutiny.

July 4, 2024

Gold, copper equities to rise, metals flat: analysts

Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.

July 4, 2024

LME volumes hit 10-year high in second quarter, led by nickel

Nickel volumes have rebounded this year after languishing since a March 2022 price spike that caused the LME to suspend trading.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 3, 2024

Vale picks mining veteran Usmar to lead base metals turnaround

The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals.

July 3, 2024

Royal Road’s Saudi JV wins bid for copper-gold exploration licences

The company has committed $3.9 million in exploration activities for the first two years.

July 3, 2024

Antofagasta outlines progress on $4.4bn Centinela expansion

The second concentrator will add 144,000 tonnes of copper a year to the company’s overall production, extending the mine's life 30 more years.